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US oil rig count down by 8 for week ending May 23

- Number of US oil rigs fall by 32 compared to one year ago

24.05.2025 Downstream

Oil prices head for weekly decline amid OPEC+ output speculation, Iran nuclear talks

- Fifth round of US-Iran nuclear talks is taking place today in Rome, with Oman acting as mediator

23.05.2025 Oil

Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

- Cold weather and halt in Russian gas flows via Ukraine boost LNG demand in Europe, while Asian demand declines, says sector report

22.05.2025 Lng/Lpg

US crude oil inventories up by 0.3% for week ending May 16

- Daily crude oil production increased to around 13.39 million barrels per day

22.05.2025 Oil

Oil edges higher amid reports of potential Israeli strike on Iran's nuclear facilities

- Intelligence reports of possible Israeli strike on Iranian nuclear sites raises fear of supply disruptions despite ongoing US-Iran nuclear negotiations

21.05.2025 Oil

Oil prices edge lower amid Russia-Ukraine peace talks, demand concerns

- Markets react cautiously as Trump claims imminent Russia-Ukraine ceasefire following call with Putin

20.05.2025 Oil

Oil prices decline amid rising supply concerns linked to Iran nuke talks

- New nuclear proposal of US to Iran in the latest round of talks affected oversupply worries in the markets

19.05.2025 Oil

US oil rig count down by 1 for week ending May 16

- Number of US oil rigs fall by 24 compared to one year ago

17.05.2025 Oil

Oil heading for 2nd consecutive weekly gain with US-China trade truce

- Expectations of increased Iranian supply cap weekly gains with renewed prospects for nuclear deal

16.05.2025 Oil

Oil prices edge lower as oversupply fears mount amid nuclear deal talks

- Despite recent decline, prices remain on track for second consecutive weekly gain, supported by easing trade tensions between US and China

16.05.2025 Oil

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Oil prices fall amid surprise rise in US crude stocks, US-Iran nuclear talks

- US Energy Information Administration reports 3.5 million barrel rise in country's commercial crude oil inventories last week, reaching 441.8 million barrels

15.05.2025 Oil