Page 6 - Dated Brent News Today

Nigeria is set to switch to a monthly average Dated Brent assessment when pricing its crude exports, a change that could make its cargoes less competitive.

Intercontinental Exchange, Inc. , a leading global provider of data, technology, and market infrastructure, today announced that Enterprise Products Partners L.P. and ONEOK, Inc. have extended...

"This is a historic moment for Brazil and the energy industry and we look forward to joining this distinguished group," Brazilian Minister of Mines and Energy Alexandre Silveira de Oliveira said in an speech to OPEC+ ministers during a virtual meeting on Nov. 30. "The OPEC+ agreement has effectively protected the stability of oil markets.""This is a historic moment for Brazil and the energy industry and we look forward to joining this distinguished group," Brazilian...

State-owned Indian Oil Corporation (IOC) has cornered more than a third of natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of the KG-D6 gas, sources said. IOC got 1.45 million standard cubic meters per day out of the 4 mmscmd of gas auctioned last week.

Reliance: City gas companies including Torrent Gas and Gujarat Gas secured a total of 2.21 mmscmd of gas for turning into CNG for sale to automobiles and piped to household kitchens for cooking purposes, two sources with direct knowledge of the matter said.

Over the past month, oil prices have shed some $10 per barrel and WTI even started to see contango as market sentiment soured, developments that will inevitably lead to lower Middle East OSPs in December

Pipeline operators and oil exporters have stepped up routine checks of WTI Midland crude after a batch was discovered that didn’t meet specifications.

U.S. crude oil exports continue to reshape the global market as America is pumping record volumes of oil and shipping record volumes of it overseas

Business News: Reliance Industries and bp plc have decided to price the gas produced from their KG-D6 block in India's Bay of Bengal based on oil indexation, allowin

"The consortium issued a notice inviting offer dated October 27, 2023 and invited offers from interested companies to offtake gas from the gas fields on the price basis specified in Request for Proposal (RFP), commencing from December 1, 2023 at the delivery point located in Gadimoga, Andhra Pradesh," the tender document said.