Page 4 - Dated Brent News Today

From crude to biofuels, from the U.S. to Asia, here's what to watch for -- and watch out for.

Asia and Africa, which replaced Europe as the primary destinations of Russian crude oil, rushed last year to import cheaper crudes from Russia

European oil prices have climbed as fears about supply disruptions through the Red Sea and from Libya prompt refiners to rush to secure cargoes.

Users have been asked to quote a premium they are willing to pay over and above 12.67 per cent of the Dated Brent crude oil price

Reliance Industries Ltd is seeking a minimum USD 10 rate for gas produced from coal seams in Madhya Pradesh, as it adjusts its pricing formula to reflect the changing energy scenario. Users are asked to quote a premium over and above 12.67% of the Dated Brent crude oil price. The minimum gas price is set at USD 10 per mmBtu, with a minimum premium of USD 0.50 per million British thermal units.

Reliance seeks minimum USD 10 for coal-seam gas | Latest News Delhi

Reliance Industries Ltd is seeking a minimum USD 10 rate for the gas it plans to produce from coal seams, as it altered its pricing formula to reflect the changed energy scenario. Reliance has sought bids from users for 0.90 million standard cubic meters per day of gas it will produce from

Russian oil cargoes typically sail through the Red Sea before reaching India and this remains the preferred route, per S&P.

EIA expects WTI to average $74.98/b in 2025 US oil production may set records in 2024, 2025 Retail gasoline price forecast at $3.36/gal in 2024 The US Energy Information Administration Jan.

Iran seeks higher prices for its crude going to its top customer, China, and has been withholding some supply