Latest News
26 Sep 2024
Global diesel cracks and timespreads have been boosted by interventions from both the US and Chinese federal banks in the last week...
26 Sep 2024
HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...
26 Sep 2024
Operators in the Gulf of Mexico have extended precautionary rig evacuations and production shutdowns as Hurricane Helene intensifies...
26 Sep 2024
Russia is considering lifting its gasoline export ban, Deputy Prime Minister Novak said Thursday, with domestic supply seen sufficient to...
26 Sep 2024
The Northern Lights CO2 transport and storage facility on Norway's west coast can now receive CO2...
26 Sep 2024
Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...
26 Sep 2024
UK oil inventories climbed to a 43-month high in July as imports surged, official data showed Thursday, whilst peak summer travel spurred...
26 Sep 2024
US crude production hit a new record high of 13.325 million bpd last month, according to the latest EIA data...
26 Sep 2024
The UK Coastguard is eyeing the movements of a damaged bulk carrier located off the coast of Kent and loaded with an explosive cargo...
26 Sep 2024
Residual fuel tightness in Singapore worsened last week as stocks for the refinery bottom had one of the sharpest draws this year to the lowest...
26 Sep 2024
Belgium's energy minister has asked the EU to ban Russian LNG imports as existing rules are not enough to get importers out of existing...
26 Sep 2024
Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...
26 Sep 2024
China's independent oil refiner Shandong Yulong Petrochemical with a total designed capacity of 800,000 bpd has started operations this...
26 Sep 2024
et fuel inventories in Japan rebounded last week as local refiners gear up for the upcoming winter travel season to avoid another supply shock...
25 Sep 2024
Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...
25 Sep 2024
Crude futures were lower Wednesday as support drained from China's stimulus and Middle East tensions...
25 Sep 2024
US inventories of distillate fuels shrank to a three-week low, latest weekly data...
25 Sep 2024
US commercial crude oil inventories posted a 11th draw in the past 13 weeks as stockpiles sunk to a fresh lows...
25 Sep 2024
US gasoline stocks fell last week as demand rebounded after Hurricane Francine, while supply was still impacted by the category 2 storm...
25 Sep 2024
Gastech 2024 saw a plethora of new dry gas and LNG deals between countries, and it became clear that the global energy landscape is evolving to...