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Europe’s appetite for gas keeps getting bigger

  Bloomberg Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC. Europe’s appetite for natural gas will probably meet or even exceed last year’s growth as the region needs to replenish its lowest gas storage levels since 2013, according to Gazprom ...

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Crude rises from three-week low

  Bloomberg Oil rose from a three-week low amid reports that the Benghazi Defense Brigades forces captured Libya’s biggest oil port. Futures advanced 1.4 percent in New York after three days of declines. Benghazi Defense Brigades forces captured Es Sider as fighting escalated, according to two people with knowledge of the matter who asked not to be identified because they ...

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Vitol to offer 4mn barrels of stored oil as glut ebbs

  Bloomberg Vitol Group BV is offering to sell Nigerian crude oil from a storage terminal in South Africa, five traders familiar with the matter said, in what may be a signal that the global supply glut is beginning to ease. The world’s biggest oil merchant has been offering 4 million barrels of Nigeria’s Qua Iboe for delivery to Europe ...

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