Markets

Pricing, benchmarks, spreads, liquidity and forward structure across commodity, energy and oil markets.

An oil tanker at sea, potentially carrying crude oil or refined products.

Russia Seeks Oil Imports Amid Refinery Challenges

Russia, a significant crude oil producer, is reportedly seeking oil imports and processing agreements following challenges to its refineries, according to The Guardian.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tanker navigating through a narrow strait, symbolizing the Strait of Hormuz

Crude Oil Prices Decline Amid Hormuz Reopening Discussions

Crude oil prices experienced a fourth consecutive day of decline following news of Qatar's Prime Minister's visit to Tehran to discuss the potential reopening of the Strait of Hormuz.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tankers at sea, symbolizing global oil supply and transportation challenges.

Global Oil Security Weakens Amid Conflicts Affecting Supply

Global oil supply security appears increasingly uncertain as conflicts impact a significant portion of the world's crude production, raising concerns about long-term availability and diversification limits.

27 Aug 2026 · GCP Newsroom · 2 min read

Illustration of a chemical plant or industrial facility with energy infrastructure

MIT Develops AI-Powered Method for Ammonia Production

Researchers at the Massachusetts Institute of Technology have introduced a novel approach to ammonia synthesis, aiming to reduce the energy intensity and greenhouse gas emissions associated with current industrial processes.

27 Aug 2026 · GCP Newsroom · 2 min read

Offshore oil rig operating at sea, symbolizing CNOOC's production efforts.

CNOOC Achieves Record First-Half Profit and Production

CNOOC reported a significant increase in its first-half net profit and production, benefiting from elevated crude prices and increased domestic oil and gas output.

27 Aug 2026 · GCP Newsroom · 2 min read

An oil rig operating offshore, symbolizing Equinor's international production growth strategy.

Equinor Aims for 27% International Production Growth by 2030

Equinor is reportedly targeting a significant increase in its overseas oil and gas output by 2030, focusing on key regions while streamlining its international portfolio, according to OilPrice.com.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tanker navigating through a strait

Asian Crude Oil Imports Remain Stable, Challenging Transit Surge Claims

Asian crude oil imports are projected to maintain levels similar to July, with commodity analysts indicating no significant increase in tanker transits through the Strait of Hormuz, contrary to some claims.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil barrels and a graph showing declining prices, representing market movements.

Oil Prices Decline Amid Hopes for Mideast Diplomatic Breakthrough

Oil prices continued their decline for a fourth consecutive session on Thursday, as market participants anticipated that diplomatic efforts in the Middle East could alleviate regional supply constraints.

27 Aug 2026 · GCP Newsroom · 2 min read

Industrial facility with carbon capture technology

Oil and Gas Companies Lead CCUS Adoption Amidst Challenges

Oil and gas companies are significant adopters of Carbon Capture, Utilization, and Storage (CCUS) technologies, which are crucial for decarbonization across various industrial sectors, according to GlobalData.

27 Aug 2026 · GCP Newsroom · 2 min read

Natural gas pipelines or a gas storage facility, representing energy infrastructure and supply.

European Gas Prices Surge to Three-Year High Ahead of Winter

Wholesale gas prices in Europe are reportedly trading near their highest levels in over three years, potentially leading to increased household energy bills across the continent this winter, according to Hellenic Shipping News.

27 Aug 2026 · GCP Newsroom · 2 min read

A modern power plant with renewable energy elements in the background, symbolizing Thailand's energy transition.

Thailand Accelerates Clean Energy to Reduce LNG Reliance

Thailand's Energy Minister stated the country plans to expedite the adoption of renewable energy sources and introduce nuclear power to decrease its dependence on imported liquefied natural gas.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil tanker navigating through the Strait of Hormuz

Kuwait and Qatar Oil Cargoes Boost Hormuz Flows

Oil shipments from Kuwait and Qatar have reportedly recovered to 70 percent of pre-conflict levels, contributing to increased oil flows through the Strait of Hormuz, according to traders.

27 Aug 2026 · GCP Newsroom · 2 min read

A field of soybeans under a clear sky, representing agricultural commodities.

Commodity Markets

Soybean Futures Reach 26-Month High Amid Strong Chinese Demand

Soybean futures have reportedly climbed to their highest level in over two years, driven by robust demand from China for US supplies, according to Hellenic Shipping News.

27 Aug 2026 · GCP Newsroom · 2 min read

Alkagesta and S&P Global logos marking Alkagesta joining the Platts EMEA naphtha MOC process

Commodity Markets

Alkagesta Joins the Platts EMEA Naphtha Physical Market on Close Assessment Process

Alkagesta has been approved to participate in the Platts Market on Close assessment process for EMEA naphtha physical following a review by Platts, part of S&P Global Commodity Insights.

11 Aug 2026 · GCP Newsroom · 2 min read

Trading screens showing crude oil price movements

Alkagesta CEO Orkhan Rustamov: There Is No 'Normal' for Oil Markets to Return To

Writing in European Business Magazine, Alkagesta chief executive Orkhan Rustamov argues that traders awaiting a return to a stable $50-$80 Brent baseline are waiting for a market that no longer exists.

6 Aug 2026 · GCP Newsroom · 2 min read

Tanker docked at a European port with cranes and containers, illustrating Alkagesta's European gasoil market outlook

Alkagesta European Gasoil Market Outlook: Rhine Crisis and the 2026 Supply Squeeze

Alkagesta's European gasoil market outlook for July 2026 sets out a steeply backwardated distillate market, ARA inventories at their lowest since 2022 and a Rhine bottleneck that has cut barge loading capacity to 16.6%.

30 Jul 2026 · GCP Newsroom · 2 min read

Analyst reviewing financial charts on screens, illustrating Alkagesta's 2025 ESG report

Commodity Markets

Alkagesta ESG Report 2025: Emissions Accounting, UCO Recycling and Compliance Screening

Alkagesta's 2025 ESG report records 16,356 tCO2e of Scope 1 emissions, an 11.4% increase in used cooking oil collection and 380 vessel assessments under an expanded compliance framework.

5 May 2026 · GCP Newsroom · 2 min read