Oil and Gas Sector

09.06.2023

Gasoline rises in price at UNG Petro in Uzbekistan

The largest network of gas stations UNG Petro has increased the price of AI-95 gasoline. This information was confirmed to the publication by the company.

Now its cost is 10,500 soum (previously it was 10,100 soum). The company was unable to name the reason for the price increase.

The cost of AI-80...

The largest network of gas stations UNG Petro has increased the price of AI-95 gasoline. This information was confirmed to the publication by the company.

Now its cost is 10,500 soum (previously it was 10,100 soum). The company was unable to name the reason for the price increase.

The cost of AI-80...

09.06.2023

Brent logs minor gains as supply/demand issue remains in limbo

Oil prices climbed about 1% on Wednesday as Saudi Arabia's plans for deep output cuts more than offset demand woes stemming from rising U.S. fuel stocks and weak Chinese export data.

Brent crude futures settled 66 cents, or 0.9%, higher at $76.95 a barrel, while U.S. West Texas Intermediate crude futures...

Oil prices climbed about 1% on Wednesday as Saudi Arabia's plans for deep output cuts more than offset demand woes stemming from rising U.S. fuel stocks and weak Chinese export data.

Brent crude futures settled 66 cents, or 0.9%, higher at $76.95 a barrel, while U.S. West Texas Intermediate crude futures...

09.06.2023

Saturated storages, mild weather subdue natural gas benchmarks

Wholesale British and Dutch gas prices edged lower on Wednesday morning as high gas storage levels and weaker demand helped to offset the impact of a delay to the restart of Norway’s Hammerfest liquefied natural gas (LNG) terminal.

The benchmark Dutch front-month contract slipped by 0.78 euro to 24.73 euro per...

Wholesale British and Dutch gas prices edged lower on Wednesday morning as high gas storage levels and weaker demand helped to offset the impact of a delay to the restart of Norway’s Hammerfest liquefied natural gas (LNG) terminal.

The benchmark Dutch front-month contract slipped by 0.78 euro to 24.73 euro per...

09.06.2023

Grim demand outlook pulls Brent down below $75/b threshold

Oil prices fell $3 a barrel on Thursday as demand weakness and a report that the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes.

Oil fell on a news report, citing sources, that...

Oil prices fell $3 a barrel on Thursday as demand weakness and a report that the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes.

Oil fell on a news report, citing sources, that...

09.06.2023

Natural gas benchmarks veer up on Norway supply cut

Wholesale British and Dutch gas prices rose on Thursday morning after two days of declines, bolstered by the extension of an unplanned outage at Norway’s Hammerfest liquefied natural gas (LNG) terminal to June 14 because of technical challenges.

However, Strong storage build and mild weather are expected to keep demand low...

Wholesale British and Dutch gas prices rose on Thursday morning after two days of declines, bolstered by the extension of an unplanned outage at Norway’s Hammerfest liquefied natural gas (LNG) terminal to June 14 because of technical challenges.

However, Strong storage build and mild weather are expected to keep demand low...


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