22/10/2026 – Middle East: Houthi-Saudi conflict heats up, Brent prices soar above $112/bbl – Read more news

GAS & POWER: France has reached an agreement with QatarEnergy to receive the equivalent of two LNG carriers per month during the current winter season, President Emmanuel Macron announced yesterday in Doha. The start-up times are not yet clear – according to Argus, two LNG carriers controlled by the Qatari incumbent are already headed towards the Montoir and Dunkirk terminals – nor above all the origin of the volumes: given that the cargoes coming from Ras Laffan are largely destined for long-term customers, supplies are more likely to arrive from the Golden Pas terminal or from other volumes purchased by QatarEnergy on the market.

OIL: In the week ending Friday, October 16, U.S. crude oil inventories fell by about 3 million barrels, well above analysts' expectations. However, reserves of distillates and fuels, including diesel, have grown.