Oil and Gas Sector

27.09.2023

Brent firms within $90-$95/b margin

Oil prices rebounded on Thursday as markets turned their attention back to a tighter crude supply outlook for the rest of 2023 with demand set to stay robust through to next year.

Brent crude futures rose 36 cents, or 0.4%, to $92.24 a barrel at 0300 GMT. U.S. West Texas Intermediate...

Oil prices rebounded on Thursday as markets turned their attention back to a tighter crude supply outlook for the rest of 2023 with demand set to stay robust through to next year.

Brent crude futures rose 36 cents, or 0.4%, to $92.24 a barrel at 0300 GMT. U.S. West Texas Intermediate...

27.09.2023

Natural gas benchmarks drop on LNG supply link improvement

European natural gas retreated as the restart of a major export terminal in the US eased concerns about supply disruptions from Australia to Norway.

Benchmark futures fell 3.5% on Thursday, erasing earlier gains. The Freeport liquefied natural gas plant in Texas is restarting after an unplanned outage disrupted operations over the...

European natural gas retreated as the restart of a major export terminal in the US eased concerns about supply disruptions from Australia to Norway.

Benchmark futures fell 3.5% on Thursday, erasing earlier gains. The Freeport liquefied natural gas plant in Texas is restarting after an unplanned outage disrupted operations over the...

26.09.2023

Gasoline prices rise twice as high as inflation in Russia

The Federal State Statistics Service of Russia (Rosstat) has recorded an increase in gasoline prices by 6.6% since the beginning of the year. The rise in gasoline prices at gas stations will soon be twice as high as inflation, the Russian media report.

It is noted that Rosstat records an increase...

The Federal State Statistics Service of Russia (Rosstat) has recorded an increase in gasoline prices by 6.6% since the beginning of the year. The rise in gasoline prices at gas stations will soon be twice as high as inflation, the Russian media report.

It is noted that Rosstat records an increase...

26.09.2023

Brent edges close to $85/b threshold

Oil futures climbed about 1% to a one-week high on Friday as U.S. diesel prices soared, the number of oil rigs dropped and a fire broke out at a refinery in Louisiana.

Brent futures rose $1.12, or 1.3%, to settle at $84.48 a barrel, while U.S. West Texas Intermediate (WTI) crude...

Oil futures climbed about 1% to a one-week high on Friday as U.S. diesel prices soared, the number of oil rigs dropped and a fire broke out at a refinery in Louisiana.

Brent futures rose $1.12, or 1.3%, to settle at $84.48 a barrel, while U.S. West Texas Intermediate (WTI) crude...

26.09.2023

Cracks in supply lines push natural gas benchmarks up

Dutch and British wholesale gas prices edged up on Friday morning, rebounding from the previous session's losses, as workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) facilities authorised the union to call a strike and ahead of a period of Norwegian maintenance outages.

The Dutch September contract rose by 1.20...

Dutch and British wholesale gas prices edged up on Friday morning, rebounding from the previous session's losses, as workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) facilities authorised the union to call a strike and ahead of a period of Norwegian maintenance outages.

The Dutch September contract rose by 1.20...


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