Spain received more US LNG than any other country in May, tripling the number of American cargoes it imported versus a year earlier, as gas-for-power demand surged, and it seized opportunities to send some volumes to neighboring France, S&P Global Commodity Insights data showed.
read more... 06/06/2022
Weaker US crude inventories and increased demand for fuel lent support to oil prices on Thursday. As a result, Brent crude rose by 1.1% to $117.61 a barrel.
read more... 03/06/2022
Crude prices have risen as the EU considers oil sanctions on Russia. Hopes that China may relax Covid-19 restrictions also lent support to prices. As a result, the price of Brent crude rose by 1.7% to $119.43 a barrel on Friday.
read more... 30/05/2022
Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and an unclear demand outlook from Europe and top importer China in the run-up to the peak winter season, industry executives said.
read more... 27/05/2022
Oil prices increased slightly on Wednesday after official US data showed that oil stockpiles fell for the second week in a row, indicating that the global market is tightening. As a result, Brent crude rose 47 cents to $114.03 a barrel. WTI crude for July delivery in the United States rose 56 cents to $110.33 a barrel.
read more... 26/05/2022