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Stronger LLS, WTI Midland lift LHS differential

The differential for LHS strengthened week-on-week, as demand for light sweet crudes in the region increased, and the cash differentials for LLS and WTI in Midland, Texas, also increased....Read More »


  • Yukos spokeswoman confirms settlement with Rosneft, all litigation to cease

    Russia's state-controlled oil giant Rosneft has settled all legal disputes with subsidiary companies of the now defunct Russian oil producer Yukos, with all parties agreeing not to enter such disputes in the future, Rosneft said Wednesday.

  • Nigerian election result lifts veil of uncertainty: oil officials

    * Idled oil projects could be revived * Militant groups welcome Buhari election * Reduced fear of violence in oil-rich Delta The reaction Wednesday from the Nigerian oil industry to the election of former military ruler Muhammadu Buhari has been overwhelmingly positive, with some officials predicting that some suspended oil projects could be revived and even the once-feared militant group MEND, or the Movement for the Emancipation of the Niger Delta, welcoming the result.

  • Traders expect Saudi Arabia to raise May crude OSP differentials for Asian buyers

    Saudi Arabia is widely expected to raise its official selling price differentials for crude oil loading in May for Asian buyers, in line with a stronger Dubai market structure as robust refining margins for refiners underpin regional demand, traders said this week.

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