24/06/2026 – Record heatwave: Gas consumption in Italy reaches its daily peak in June from 2021 – Read more news
GAS & POWER: Indonesia's Tangguh terminal is expected to be fully operational again by the second half of July, after a fire earlier this month led to partial damage to one of three 3.8-mtpa liquefaction trains. Indonesia's entire export covered about 3% of global demand in the first five months of the year.
OIL: Prices are at their lowest since the beginning of March this morning, with the effect of the passage of new oil tankers into the Strait of Hormuz, which is currently overcoming doubts about the success of negotiations between the United States and Iran, as well as on the open front between Israel and Lebanon. According to official sources, Iraqi production has already returned above the 2 million barrel day mark, and is expected to exceed 3 million by next month. With more than 4 million barrel days produced before the outbreak of the conflict, Iraq represents the third largest producer country in the OPEC+ group, behind only Saudi Arabia and Russia.
OIL: Prices are at their lowest since the beginning of March this morning, with the effect of the passage of new oil tankers into the Strait of Hormuz, which is currently overcoming doubts about the success of negotiations between the United States and Iran, as well as on the open front between Israel and Lebanon. According to official sources, Iraqi production has already returned above the 2 million barrel day mark, and is expected to exceed 3 million by next month. With more than 4 million barrel days produced before the outbreak of the conflict, Iraq represents the third largest producer country in the OPEC+ group, behind only Saudi Arabia and Russia.
