Aramco Slashes Asia Crude Prices by $11 Amid Supply Surge, Weak Demand
Saudi Aramco has enacted its largest crude price cut for Asian buyers in 26 years, signaling intense competition amidst rising supply and subdued Chinese d
Market-moving news and intelligence across global energy markets.
Saudi Aramco has enacted its largest crude price cut for Asian buyers in 26 years, signaling intense competition amidst rising supply and subdued Chinese d
New analysis reveals US federal policy changes since January 2025 will burden consumers with $650 billion in extra energy costs by 2040, impacting grid rel
Sempra Infrastructure's ECA LNG Phase 1 project in Mexico has shipped its first liquefied natural gas cargo, marking a key step towards full commercial ope
Chevron will license its proprietary chemical technology to rival drillers, aiming to enhance US shale oil production amidst declining well productivity.
Indonesia Energy Corporation begins K-29 well preparations in Kruh Block, South Sumatra, with plans for 30 additional wells by 2035, boosting upstream acti
Southeast Asian nations face heightened oil import reliance and fiscal strain from Middle East tensions, prompting Indonesia to expand energy subsidies and
Nigeria's LNG exports reached a record N20.06 trillion in 2025, driving Africa's total LNG shipments higher amid a global trade surge.
Saudi Aramco's unprecedented $11/barrel price cut for August-loading crude to Asia signals intense competition and aims to revive Chinese demand amid a pos
Renewed fighting in the Middle East and fresh US sanctions on Iranian oil exports have pushed Brent crude futures up, challenging the fragile peace framewo
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