Opinion: Strong El Nino, shaky OPEC are among 5 big hurdles for the energy sector in 2024
From crude to biofuels, from the U.S. to Asia, here's what to watch for -- and watch out for.
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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.