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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.