Friday, July 31, 2026

Saudi Aramco’s Quest to Become the World’s Biggest Oil Consumer

From Bloomberg Saudi Aramco is well known as the world’s top crude exporter. If all goes to plan, it may also become the biggest user of the fossil fuel. More than a third of Aramco’s oil is currently fed into its fully-owned and joint venture refineries, according to its bond prospectus. The company plans to double its refining network to handle

U.S. Natural-Gas Market Is Taking Cues From China

From The Wall Street Journal The rise of the U.S. as a major exporter of liquefied natural gas has helped balance the domestic market amid surging production. It has also connected the price of gas in Louisiana to the weather in China—a development that is adding pressure on already low U.S. prices. The U.S. gas market, long isolated from global