Page 48 - Dated Brent News Today

The spot market for trading carbon-accounted crude — including carbon credits and measuring the carbon intensity of the oil — is on the rise with S&P Global Platts launching a Market on Close assessment process for these transactions, similar to the window used to assess the Platts Dated Brent price benchmark. The new assessment process ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

REPORTS NET INCOME OF $31.7 MILLION, OR $0.53 PER DILUTED SHARE ANNOUNCES QUARTERLY CASH DIVIDEND POLICY BEGINNING IN 2022 HOUSTON, Nov. 03, 2021 ...

OPEC’s claim that there is no shortage in the physical oil market appears at odds with the upward trajectory of the futures market. Varying appetites for different quality and regional crudes is the missing link. While the level of buying interest in Middle East barrels appears to better match OPEC’s strategy to steadily bring crude ...

Oil and gas company EnQuest has completed the acquisition of a 26.69% stake in the Golden Eagle Area Development in the UK North Sea…

The oil and gas industry is emerging from the depths of the coronavirus pandemic into the teeth of an energy crisis. Two straight years of massive capex cuts are leading to a supply shortage that could destabilize the global economy, Joe McMonigle, the secretary general of the International Energy Forum, told S&P Global Platts. That ...

Global oil prices could surge well above $90/b by the end of the year unless a current supply deficit amid rebounding energy demand can be reduced in the coming months, Jeff Currie, the head of commodity research at Goldman Sachs said Oct. 20. At the end of September, Currie said Goldman estimated that the global ...

Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels, forcing them to cut processing rates and e...

The oil market could end up in a “very unpleasant situation” if producers boost output too much without keeping in mind the need to encourage investment, UAE energy minister Suhail al Mazrouei said. ”If we overdo one of them, we could end up in an unpleasant situation,” Mazrouei said on the sidelines of the Russian ...