Oil prices firmed in early Europe trading May 23 amid a tight market with low stocks, US fuel demand, and as Shanghai prepares to exit a two-month-long lockdown. At 11:55 am BST, ICE
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Oil prices firmed in early Europe trading May 23 amid a tight market with low stocks, US fuel demand, and as Shanghai prepares to exit a two-month-long lockdown. At 11:55 am BST, ICE
A wide gasoline-naphtha swaps spread is expected to continue incentivizing gasoline blending in the week, but a dearth of blending components like reformate and MX would limit the blending capacity, market sources said.
Kurdish officials on May 23 asked federal Iraqi authorities not to unilaterally seize control of the semiautonomous region's oil sector and meddle in the contracts it has signed with foreign operators, in the
Kinder Morgan's top executive is contending the US Federal Energy Regulatory Commission's recent probe of El Paso Natural Gas wholesale pipeline rates is "anachronistic" and runs counter to the push for a competitive
Hefty discounts on Russian crude are increasingly whetting the appetite of China's independent refineries, but Beijing may not rush into shipping in plentiful cargoes from the non-OPEC supplier at current prices for strategic
Sentiment in U.S. markets appeared to have gotten a boost after U.S. President Joe Biden said he was considering cutting tariffs on Chinese goods.