Latest news
French LNG sendout to stay low
French LNG regasification could remain subdued in the coming weeks as the country has little underground storage space remaining while demand could stay muted.
read more... 18/08/2023
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EU gas storage may face “reality check” in December
EU gas storage levels are well above the historical average but current supply and demand trends suggest inventories could be insufficient by December, said Sweden’s SEB bank on Tuesday.
read more... 16/08/2023
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IEA forecasts slower global oil demand growth in 2024
World oil demand growth will slow next year compared with this year when a record 102.2m bbl/day of crude oil will be consumed, the International Energy Agency said on Friday.
read more... 15/08/2023
Daily (14.08.2023): Oil prices climbed on Friday amid IEA's forecasts of record global demand in 2023
Oil prices rose for the seventh week in a row on Friday, driven by recent projections from the International Energy Agency (IEA) regarding global oil demand growth in 2023. The IEA's monthly report indicates that demand is set to reach a historic high of 102.2 million barrels per day, making it the highest level ever recorded. Consequently, Brent crude increased by 0.5% to $86.81 a barrel, while WTI crude advanced by 0.4% to settle at $83.19 a barrel.
read more... 14/08/2023
Daily (09.08.2023): Oil prices rose on Tuesday as tight supply offset disappointing Chinese commercial data
Oil prices rose on Tuesday after initially losing ground, amid concerns about Chinese demand following the release of disappointing commercial data in the country. As a result, Brent crude surged by 1% to $86.17 a barrel, while WTI crude increased by 1.2% to settle at $82.92 a barrel.
read more... 09/08/2023