Latest News

18 Sep 2024
Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....
18 Sep 2024
FGE have forecasted that demand for sustainable aviation fuel will outstrip supply in the US and Europe in the next decade based on...
18 Sep 2024
The Thai government has extended price subsidies for biofuel blend road fuels by a further two years, pivoting from a plan announced in January...
18 Sep 2024
rent crude inched higher for a third straight session Wednesday, as a bullish EIA report helped consolidate gains ahead...
18 Sep 2024
US inventories of middle distillates remained relatively flat on the week, latest weekly data from the Energy Information Administration...
18 Sep 2024
Quantum Commodity Intelligence –  US commercial crude oil inventories posted tenth draw in the past 12 weeks as stockpiles sunk...
18 Sep 2024
US gasoline inventories were flat last week as supply disruptions from Hurricane Francine combined with higher domestic demand...
18 Sep 2024
The European gasoline market rallied Tuesday as exporters capitalised on multiple arbitrage options to both the East and the West...
18 Sep 2024
US energy executives have called on greater clarity and transparency for the natural gas industry over government policy on new...
18 Sep 2024
Commerzbank joined the chorus of analysts in cutting its Brent crude forecast Wednesday,
18 Sep 2024
Gasoil cracks rebounded hard during Asian trading hours on Wednesday as recent pessimism surrounding the middle distillate spurred...
18 Sep 2024
India will continue to snap up discounted Russian crude so long as the selling entity is not a sanctioned company...
18 Sep 2024
Norway now has more electric vehicles (EV) on its roads than gasoline-powered vehicles, marking a historic milestone in the nation's drive to...
18 Sep 2024
East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...
18 Sep 2024
India's government has scrapped a windfall tax on domestic crude oil production, effective Wednesday...
18 Sep 2024
Motor Oil said Wednesday it had extinguished a fire at its 200,000 bpd Agioi Theodoroi refinery near Athens...
18 Sep 2024
EU tariffs on Chinese electric vehicle (EV) imports will significantly disrupt future trade and investment between the two markets, according...
18 Sep 2024
A major storm is on track to hit China's east coast on Thursday, marking the second of its kind in one week to pose a threat to energy logistics as...
18 Sep 2024
Fuel oil stocks in Fujairah fell back from last week's three-month highs as prices hit their lowest since December, with refined...
18 Sep 2024
China's diesel exports in August rebounded sharply on the back of sluggish domestic industrial activities while outflows across the rest of the...
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