Energy

Companies

U.S. natgas drops 5% to 25-month low on forecasts for less heating demand

portnews - February 20, 2023

U.S. natural gas futures plunged about 5% to a fresh 25-month low on Friday on forecasts for less cold weather and lower heating demand...

Energy

Oil settles down $2/bbl, ends week lower on Fed worries, ample supply

portnews - February 20, 2023

Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future U.S. interest rate hikes could...

Energy

China set for record crude oil imports in 2023

portnews - February 20, 2023

China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following...

Energy

Forties diffs rise on bid

portnews - February 20, 2023

North Sea Forties crude oil differentials rose on Friday to reflect a bid from Gunvor, while no offers or deals were seen. MARCH LOADINGS PLATTS WINDOW Indications...

Energy

Latest price /sanctions against Russia not identical in EU, UK, G7

portnews - February 20, 2023

The price cap rules relating to Russian sales of crude oil (implemented December 5th 2022) and refined oil products (implemented February 5th 2023) are generally consistent...

Energy

Putin lauds gas giant Gazprom, says Asian demand will soar

portnews - February 20, 2023

President Vladimir Putin lauded Russia’s natural gas giant, vowing that Gazprom would thrive despite attempts by the West to cut its clout as demand...

Brazil