Latest News
25 Sep 2024
European diesel arrivals are on track to hit fresh highs this month with two more VLCCs set to land this week...
25 Sep 2024
Maintenance at the giant Kashagan oil field in Kazakhstan will run through October until 10 November, the country's energy ministry...
25 Sep 2024
Thailand's crude oil and natural gas condensate imports slipped to their lowest level since February in August, pulling back drastically...
25 Sep 2024
Brazil's Ministry of Mines and Energy has called for more investment in both its upstream and downstream oil sectors...
25 Sep 2024
Australian iron ore miner Fortescue has struck a deal with Liebherr to buy $2.8 billion worth of zero-emissions trucks in a...
25 Sep 2024
Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...
25 Sep 2024
Talks between Marathon Petroleum and the Teamsters union have reached a deadlock as the strike at the 140,000 bpd Detroit refinery...
25 Sep 2024
OPEC have stood by their guns in their latest annual forecast, maintaining a bullish outlook on long-term oil demand that had recently backed...
25 Sep 2024
Sales of LNG-powered heavy-duty trucks in China slumped in August, snapping a trend that has continued for nearly two years, as a...
25 Sep 2024
US speciality refiner Vertex Energy declared Chapter 11 bankruptcy on Tuesday, a few months after it reversed plans to...
25 Sep 2024
US crude oil inventories posted a steeper-than-expected draw for the week ending 20 September, while product stockpiles...
25 Sep 2024
Middle distillate stocks at the Middle Eastern product storage hub of Fujairah slumped to levels seen over a year ago last week as fuel oil...
25 Sep 2024
Operators in the Gulf of Mexico have started precautionary evacuations of rigs and production shutdowns as Storm Helene...
25 Sep 2024
Futures prices for liquified petroleum gas in China rallied sharply during Wednesday's session to touch the highest level in more than two...
25 Sep 2024
The US Navy is looking for a commercial oil tanker after a support vessel sailing with the USS Abraham Lincoln aircraft carrier group...
24 Sep 2024
Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...
24 Sep 2024
Crude futures and refined product prices rebounded Tuesday after China unveiled a major stimulus package aimed at kickstarting its economy..
24 Sep 2024
Aliko Dangote, owner of one of the world's largest and newest refineries, has lamented passing on the opportunity to buy Arsenal football club...
24 Sep 2024
The start-up of Nigeria's Dangote Refinery may signal the end of the country's subsidies on fuel, Aliko Dangote shared in an interview with...
24 Sep 2024
The Forties Pipeline system could shut as early as 2030 as a result of new UK taxes on its offshore oil and gas business make running...