Introduction Pakistan is making efforts to procure Russian crude oil at a discounted rate of USD 50 per barrel, which is at least USD 10 per barrel less than the price cap imposed by the G7 countries due to Moscow’s invasion of Ukraine. However, Russia had expressed doubts over Pakistan’s initiative and had asked Pakistan …
Pakistan Boosting Energy Trade with Russia and Turkmenistan Read More »
The energy markets are constantly in a state of flux, with various factors influencing the market. In today’s briefing, we bring you news of the latest developments, including fluctuations in oil futures and natural gas prices, updates on the diesel and marine fuel sectors, and more. The energy sector is constantly evolving, and there are …
Energy Markets in Flux: A Daily Briefing on Oil Futures, Natural Gas Prices, and More Read More »
February 16, 2023: Oil markets remain in a state of flux, with a range of factors contributing to ongoing uncertainty. While the recent announcement by the IEA is a positive development, ongoing concerns about inflation and geopolitical tensions suggest that the road ahead may be rocky. As always, investors and traders will need to keep …
Oil Markets React to Inventory Build, Inflation Fears, and Geopolitical Tensions Read More »
CEFE Group International is a leading global energy trader and supplier, offering a range of high-quality energy products including crude oil, natural gas, and refined products. With its headquarters located in Dubai, UAE, the company has a strong presence across the globe, including in Europe, North America, Africa, and Asia. CEFE Group International is known …
Indian Firms Turn to Russian Naphtha as Western Nations Impose Price Caps Read More »
CEFE Group International is a leading global energy trader and supplier, offering a range of high-quality energy products including crude oil, natural gas, and refined products. With its headquarters located in Dubai, UAE, the company has a strong presence across the globe, including in Europe, North America, Africa, and Asia. CEFE Group International is known …
Asian HSFO Crack Hits Nine-Week High Amidst Rising Demand Read More »
CEFE Group International is a leading global energy trader and supplier, offering a range of high-quality energy products including crude oil, natural gas, and refined products. With its headquarters located in Dubai, UAE, the company has a strong presence across the globe, including in Europe, North America, Africa, and Asia. CEFE Group International is known …
EU Boosts Non-Russian Diesel Imports, but Sustainability Remains a Concern Read More »
CEFE Group (Feb 15, 2023): The energy market has been busy with various developments and updates in the past few weeks. The European Union (EU) recently proposed that fossil-fueled truck sales be allowed past 2040, but with a 90% reduction in greenhouse gas (GHG) emissions. The proposal came amidst concerns of job losses and high …
The Energy Market in Flux: A Look at Recent Developments and Updates Read More »
