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Market Spotlight

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Featured news article

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 »


  • ICE Brent speculative net positions surge as NYMEX WTI hits two-year lows

    Speculative activity in ICE Brent and NYMEX WTI crude oil futures positions have continued to diverge, as ICE Brent spiked to a 10-week high while NYMEX crude futures fell for a fifth-consecutive week to a more-than-two-year low, the most recent Commitment of Traders reports from both exchange's published Friday and Monday showed.

  • Iraq, IOCs eye changes in oil contracts to mitigate impact of falling crude

    Iraq's Oil Ministry and international oil companies are moving toward a shared vision on contract changes that will mitigate the impact of low oil prices and increase profits but will not be production sharing contracts, Iraqi oil minister Adil Abd al-Mahdi said on Sunday.

  • Singapore gasoline tops gasoil as most lucrative for first time in 5 years

    Singapore gasoline has pushed past gasoil to become the most lucrative product of the barrel for the first time in five years as diesel -- a long-time favorite among refiners that is slowly losing its luster -- struggled to pick up pace due to ample supply coming on stream from greenfield refineries in the Middle East, Platts data showed Monday, March 30.

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