Latest News

7 Apr 2025
Texas' crude oil production in March averaged 5.6 million bpd, a slight dip from the previous month but 200,000 bpd or 4% more than one year ago...
7 Apr 2025
Flows along the recently expanded Trans Mountain pipeline (TMPL) system are expected to grow in the years...
7 Apr 2025
Benchmark crude oil futures extended losses on Monday as markets continued to monitor the implications of escalating trade tensions on...
7 Apr 2025
Kazakhstan will be under renewed scrutiny when it publishes March oil production figures next week after months of breaching OPEC+...
7 Apr 2025
Refined oil product demand in India fell in March, official data showed on Monday, as a modest rise in gasoline and naphtha consumption...
7 Apr 2025
A Russian official has described the global economic situation as "very tense" following the latest round of US tariffs and subsequent slump...
7 Apr 2025
Crude's three-day selloff is tightening margins across the oil sector, with US shale producers and refiners facing growing pressure as...
7 Apr 2025
Benchmark Dubai crude slumped to a near four-year low Monday, as the threat to global trade caused by US tariffs and OPEC+ plans to pump...
7 Apr 2025
Saudi Aramco has slashed the OSP for its flagship Arab Light crude loading in May, reflecting the sharply lower spot premiums ...
7 Apr 2025
In a trading update published on Monday, Shell lowered its outlook for LNG production over the first quarter, citing the impact of cyclones...
7 Apr 2025
A $5.7 billion investment from Stonepeak in Woodside Energy's Louisiana LNG project has added to a growing private equity money...
7 Apr 2025
Britain is set to amend mandates on zero-emission vehicle (ZEV) sales, industry sources revealed on Monday, as policymakers rush to...
7 Apr 2025
Benchmark Dubai crude slumped by almost $6/b Monday and registered a four-year low, a move that pulled the products market with it as...
7 Apr 2025
China's LPG demand could fall sharply in the short term due to the escalated tit-for-tat trade spat between Beijing and Washington, with all...
7 Apr 2025
Neste has announced it has completed its staff cutbacks of 510 positions globally as part of its performance improvement program it launched...
7 Apr 2025
Goldman Sachs has trimmed their crude oil price forecast further following heavy market selloffs towards the end of last week as the risk of...
7 Apr 2025
Crude oil investors remained bullish at the turn of the month as traders piled into long positions Brent and WTI futures positions as...
4 Apr 2025
US rotary drilling activity fell for a second week after explorers in the Permian Basin took down more..
4 Apr 2025
US crude flows to China could slip if Beijing proceeds with its planned 34% tariffs on American goods...
4 Apr 2025
The week's sharp crude losses extended into Friday after China retaliated to US tariffs with sweeping levies of its own,...
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