Latest News
4 Apr 2025
Benchmark crude oil futures were down another 6.2% on Friday as China unveiled tariffs of its own against the United States, while rising OPEC+...
4 Apr 2025
Rhone Energies said Friday it was restarting a refinery unit after completing maintenance at its 140,000 bpd...
4 Apr 2025
Weekly US natural gas inventories increased for a third week as steadily rising temperatures across the country...
4 Apr 2025
Diesel margins in the West of Suez market fell to the lowest levels of the year this week as Washington's belligerent protectionist policies...
4 Apr 2025
Singapore HSFO cash differentials plunged to their lowest level in nearly a year this week, leading losses across the fuel oil complex...
4 Apr 2025
The owners of Colonial Enterprises, which operates the Colonial pipeline, America's largest fuel...
4 Apr 2025
Prices cratered and transatlantic arbs slammed shut this week as traders tried to assess the implications
4 Apr 2025
BP's chairman Helge Lund is set to resign next year, the company announced Friday, as it continues on its "strategy reset" with...
4 Apr 2025
Middle East crude prices ended the week sharply lower as the month-long rally came to a shuddering halt, hit by the double whammy of...
4 Apr 2025
East of Suez crude oil prices were spiralling lower Friday amid the double hit from tariffs and higher OPEC+ output, with product flat prices...
4 Apr 2025
China will add a 34% tariff on all products imported from the US starting 10 April in response to the duties imposed by the Trump administration...
4 Apr 2025
Citi has cut its 2025 global oil demand growth forecast, warning that sweeping US tariffs are dragging on economic momentum just...
4 Apr 2025
ExxonMobil expects a sharp boost to first quarter earnings from higher oil and gas prices, as well as firmer refining margins.
4 Apr 2025
Inventories of refinery feedstocks in China's Shandong province have risen to the highest level since early April as local refiners rushed to clear...
4 Apr 2025
Japan is set to cut domestic gasoline prices in June amid rising inflationary pressure from US tariffs as inflation remained high due to...
4 Apr 2025
PBF Energy has started bringing several processing units back online at its Martinez refinery in California...
4 Apr 2025
Goldman Sachs has lowered its expectation for crude oil prices as the US introduced sweeping tariffs on its global trading partners, while the market is also...
4 Apr 2025
The US Department of Energy (DOE) has awarded a $1.4-billion contract to Strategic Storage Partners...
3 Apr 2025
Western Canadian Select (WCS) heavy discounts have tightened Thursday unlike similar grades in the...
3 Apr 2025
The US sour Mars Blend's premiums to Nymex oil futures fell after reports OPEC and its allies made a surprise decision to add more oil...