Latest News
18 Sep 2024
Japan's crude oil imports in August remained significantly weaker than last year as poor margins continued to cap...
18 Sep 2024
US crude oil inventories posted a steeper-than-expected build for the week ending 13 September, while product stockpiles also increased...
17 Sep 2024
Crude oil futures Tuesday were moving higher after benchmarks initially consolidated early-week gains on hopes that the US Fed...
17 Sep 2024
Crude and European product prices were little moved Tuesday as the market waits for the US Federal Reserve's decision on interest rates...
17 Sep 2024
The world's cheapest natural gas is set to get a little more expensive with a supplementary pipeline in Texas providing a new gateway...
17 Sep 2024
Weak gasoil prices around the world are flipping typical trades on their head in the middle distillates market, with jet fuel trading...
17 Sep 2024
South Sudan has agreed a deal with its neighbour Sudan to resume oil exports after repairing a vital pipeline...
17 Sep 2024
Battery electric vehicle (BEV) manufacturers have a clear path to achieve EU targets, according to latest analysis from Transport and Environment...
17 Sep 2024
At least two European refiners were heard to have cut runs this week as producers struggle with oversupply and weak margins...
17 Sep 2024
China's state-owned oil refiner Sinochem has declared bankruptcy for two subsidiary refineries, the latest sign of an ongoing industry...
17 Sep 2024
The UK oil and gas industry is set to meet emission targets ahead of the 2030 deadline, representatives of North Sea oil and gas...
17 Sep 2024
East of Suez crude prices edged higher Tuesday although Asian markets were largely following western benchmarks ahead of the US rate...
17 Sep 2024
Chinese imports of residual fuel oil have spiked this month as independent domestic refiners scrambled for spot supplies of the...
17 Sep 2024
Salvagers have successfully towed a burning crude tanker from the Red Sea without any oil spillage after Houthi rebels thwarted...
17 Sep 2024
Marathon Petroleum reported a naphtha leak at its 631,000 bpd Galveston Bay refinery in Texas...
17 Sep 2024
Offshore operators in the Gulf of Mexico have continued to ramp up production with over 500,000 bpd of crude restored...
16 Sep 2024
Brent crude futures rebounded Monday from Friday's late sell-off, but ended the day flat as the market weighed lingering oil demand concerns against supply issues, while diesel cracks slumped to fresh lows...
16 Sep 2024
Ara Partners has launched a partnership with HF Capital to decarbonise conventional energy assets...
16 Sep 2024
rude oil futures Monday were climbing higher, as benchmarks rebounded after Friday's late sell-off had erased...
16 Sep 2024
Global naphtha cracks hit fresh highs Monday as a drop in flatprice improves the outlook for petrochemical demand heading into...