Oil Market News, OPEC+, sanctions and price shocks

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Spain stirs fresh doubts over EU Russian LNG ban

With six months to go, Spain warns the EU ban could deepen reliance on US LNG and test Europe’s energy security.

en.highnorthnews.com

 

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The Next Oil Rally Could Be Driven by Stockpile Buying | OilPrice.com

Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million barrels it released during the crisis and major importers like India looking to expand their emergency stockpiles.

oilprice.com

Asian Refiners Redirect Middle East Crude to the U.S. as Hormuz Flows Recover | OilPrice.com

Asian refiners are offering excess Middle Eastern crude to the U.S. West Coast as Gulf supplies recover and Asian demand eases following the reopening of the Strait of Hormuz.

oilprice.com

 

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Big oil’s secretive trading arms are having an extraordinary year Economist

 

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The 250-year history of U.S. energy consumption - U.S. Energy Information Administration (EIA)

www.eia.gov

 

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Gasoline and Diesel Fuel Update

Gasoline and diesel fuel prices released weekly.

www.eia.gov

 

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