Hedge funds and other portfolio managers have been slashing their bearish bets on the European ICE gasoil futures amid falling temperatures and rising natural gas prices in Europe. In the week to November 26, money managers reduced – once again – their short positions on the gasoil futures traded on the ICE, according to data...Continue Reading

Gazprom Hits Maximum Capacity of Pipeline Gas Flows to China | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 02, 2024, 9:30 AM CST Gazprom’s natural gas flows via the Power of Siberia pipeline to China have reached full capacity of 38 billion cubic meters...Continue Reading

Europe’s Gas Storage Plummets at Fastest Pace in 8 Years | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 02, 2024, 9:00 AM CST Europe’s gas storage levels have decreased at the fastest rate in eight years due to a combination of...Continue Reading

Oil Producers Block Binding UN Treaty to Curb Plastics | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 02, 2024, 8:30 AM CST A small group of major oil-producing countries,...Continue Reading

Galp Confirms Quality Light Oil Discovery Offshore Namibia | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 02, 2024, 7:40 AM CST Namibia’s offshore has yielded quality discovery as the...Continue Reading

Norway Pauses Deep Sea Mining Plans | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 02, 2024, 6:37 AM CST Norway’s cabinet is scrapping a licensing round for deep sea...Continue Reading

Saudi Arabia Regains Some Oil Market Share From Russia in Asia | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 02, 2024, 5:03 AM CST Saudi Arabia’s oil exports to...Continue Reading

India Sees 9% Jump in Gasoline Consumption in November | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 02, 2024, 3:47 AM CST Gasoline sales in India hit 3.42 million metric tons in November, which was a 9.2% increase on the year, the Economic Times...Continue Reading

Poland Shuts Russian Oil Pipeline After Leak | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 02, 2024, 2:40 AM CST Poland has shut down a branch of the Druzhba pipeline after detecting a leak, Bloomberg reported on Sunday, citing Polish media and the local...Continue Reading

Oil Prices Rise on Demand Optimism | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 02, 2024, 1:32 AM CST Crude oil prices started to trade this week with gains, driven higher...Continue Reading