Latest News

20 Sep 2024
Gasoline added to recent gains this week as supply was seen tightening, with cash diffs hitting fresh highs...
20 Sep 2024
Diesel cracks rebounded strongly in Europe this week, jumping $2/b from a...
20 Sep 2024
Fuel oil margins firmed through the week as China moved to shut a loophole that has seen HSFO used as a refinery feedstock, with the move...
20 Sep 2024
Trading house Trafigura could name Richard Holtum as successor to CEO Jeremy Weir next week, according to a Friday report in the...
20 Sep 2024
The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...
20 Sep 2024
US refinery maintenance this autumn is set to be the lowest since 2021, according to analysts IIR Energy...
20 Sep 2024
Beijing has granted the third allocation of refined oil product export quotas for 2024, issuing 9 million mt to Chinese exporters in a move...
20 Sep 2024
China's crude oil imports marked as Malaysian origin surpassed those from Saudi Arabia last month as refiners sought cheaper barrels...
20 Sep 2024
Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...
19 Sep 2024
Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...
19 Sep 2024
Crude and product prices were sharply higher Thursday, buoyed by hopes that a steep cut in US interest rates...
19 Sep 2024
European natural gas prices tumbled to multi-month lows Thursday on reports that Ukraine is close to an agreement for the transit of gas...
19 Sep 2024
ExxonMobil reported an issue affecting a coker at its 609,000 bpd Beaumont refinery in Texas on Thursday...
19 Sep 2024
ARA product stocks were seen up again this week as arrivals pushed diesel to a fresh high, while gasoline rebounded...
19 Sep 2024
Asian gasoline prices have started to see some significant upside in recent sessions as the market tracks wider global trends higher, with the...
19 Sep 2024
Goldman Sachs has revised down its forecasts for gasoline and distillate margins in 2025, marking a notable retreat from initial expectations set...
19 Sep 2024
Saudi Arabia's crude production rebounded from recent lows in July, but remained capped by the recently extended OPEC+ production agreement...
19 Sep 2024
The US Department of Energy (DOE) has tendered for up to 6 million barrels of US-origin sour crude oil delivered into its...
19 Sep 2024
East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...
19 Sep 2024
New car sales in the European Union slumped to their lowest levels in three years in August, latest data from the European Automobile...
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