News

December 5, 2023

Global Emissions Are Set for Another Record This Year

Global emissions from the combustion of hydrocarbons such as oil and gas are set for another record this year, the Global Carbon Budget report has warned. […]
December 5, 2023

Oil Prices Under Pressure Despite Rising Geopolitical Tensions

Crude oil prices whipsawed between an early gain and a loss in a matter of hours in pre-noon trade in Asia today locked between bullish and […]
December 5, 2023

Russia’s Urals Crude Price Drops but It’s Still Above the $60 Cap

The average price of Russia’s flagship crude grade, Urals, dropped in November from October but was still way above the Western price cap of $60 per […]
December 5, 2023

Saudi Arabia Could Cut the Price of Its Flagship Crude for Asia

Rising global crude stockpiles and weak demand could prompt Saudi Arabia to lower the price of Arab Light, its flagship crude, for Asian customers for January […]
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