Trump Plan to Sell More LNG Fast Faces Obstacles, Exxon Says
US President Donald Trump’s plan to quickly sell more liquefied natural gas to the world could face difficulties due to limited supplies this year and reluctance in Europe to commit to long-term deals ...
Hydrocarbon Processing3h
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries ...
TradeWinds6h
LNG carrier lay-ups seem inevitable as spot rates for modern tonnage ‘absolutely decimated’
Brokers are quoting levels for 174,000-cbm vessels lifting cargoes out of the US to Europe at $9,000 per day on a round trip ...
Crude Oil Prices8h
Europe Snaps Up U.S. LNG as Higher Prices Divert Cargoes From Asia
Several US LNG cargo shipments originally heading to Asia are being diverted to Europe due to higher gas prices and greater ...
Europe’s Gas Price Jump on Supply Fears
European natural-gas prices rose more than 3%, a jump largely attributed to an outage at the U.S. Freeport LNG facility and news that Germany might subsidize storage refills this summer to ensure the ...