2022-07-05 - Demand for crude oil in Asia has been strong, with refining margins for gasoline, diesel and jet oil hitting record highs.
2022-07-05 - The flow is draining the U.S. Strategic Petroleum Reserve, which last month fell to the lowest since 1986.
2022-07-01 - Russian LNG production from projects such as Sakhalin-2 was likely to suffer as a results, said Saul Kavonic, head of Integrated Energy and Resources Research at Credit Suisse. “This will tighten the LNG market materially this decade,” he added.
2022-06-30 - “OPEC+ is mulling firing its last crude production bullets as it runs out of capacity to pump more, whilst refining capacity for oil products ... which drives the real economy, has declined markedly,” said Ehsan Khoman from MUFG bank.
2022-06-30 - Elected officials who normally are not very supportive of domestic petroleum, or even hostile to it, have suddenly become big fans of U.S. natural gas in the form of LNG exports.