Tue, 21-Oct-2025

Russia gas no quick fix for European spot market

Russia gas

MOSCOW: The longer the prices for natural gas remain at record high levels in Europe this year, the stronger the markets feel that Russian gas should not be seen as a quick fix to the problem, at least not before this winter ends. “Overall gas production in Russia over the three quarters of 2021 was … Read more

Saudi Arabia may raise January oil prices for Asia

Top oil exporter Saudi Arabia may raise crude prices for Asia in January; following large gains in the Middle East spot market last month, but weak refining margins and an oil reserves release by consumers may cap gains, Reuters quoted trade sources, as saying. The January official selling price (OSP) for flagship Arab Light crude … Read more