Saudi Aramco has finalised sales agreements for several shipments of ultra-light crude oil, known as condensate, from its Jafurah gas development to major US energy companies and an Indian refiner, reported Reuters, citing four trade sources. The first export cargo is scheduled for later in the month. Chevron acquired two consignments set for loading both later this month and in March. ExxonMobil and Indian Oil Corporation purchased cargoes due for lifting next month. Trade sources indicated that the ca ...

Core Viewpoint - Gasoil prices are an exception to the general decline in energy prices observed since the beginning of the year, with Brent crude oil being 14% cheaper [1] Group 1: Price Trends - Most energy prices have decreased since the start of the year, but gasoil has not followed this trend [1] - The next-due gasoil contract on the Intercontinental Exchange is showing resilience despite the overall market decline [1]