Latest News
16 Sep 2024
Crude oil production from the US Federal Offshore Gulf of Mexico will remain relatively flat with new fields offsetting natural declines...
16 Sep 2024
Diesel margins started the week under fresh downward pressure, with cracks in the Asia 10ppm gasoil market slipping to lows not...
16 Sep 2024
Goldman Sachs expects oil prices to rebound in Q4 2024 as concerns over demand weakness fade amid strengthening expectations that inventories...
16 Sep 2024
India's refined product demand looks set to fall again this month, preliminary data showed Monday...
16 Sep 2024
Rising water levels and easing sailing restrictions on the Panama Canal helped push demand for bunker sales in Panama to its highest level...
16 Sep 2024
North American drilling activity rebounded strongly as the rig count registered the steepest weekly gain in a year...
16 Sep 2024
The Nigerian National Petroleum Company Ltd. (NNPC) increased the price of gasoline once again on Monday as supply from the 650,000 bpd...
16 Sep 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while...
16 Sep 2024
Australian deliveries of road fuel and jet recorded their highest ever reading for July, official data showed Monday...
16 Sep 2024
South Korean crude oil imports rose sharply in August to a two-year high at 12.79 million mt as refineries boosted their throughput amid the...
16 Sep 2024
Kazakhstan's crude oil output dropped 6% on the month in August to a one-year low as field maintenance at the Tengiz field helped the...
16 Sep 2024
Offshore operators in the Gulf of Mexico have restored over 50% of the crude production taken offline as a precaution...
16 Sep 2024
Vessel fuelling demand in Singapore slipped last month as higher prices saw ship operators fleeing to other bunkering stations whereas...
16 Sep 2024
Bunker fuel sales at the Middle Eastern bunkering hub of Fujairah were up almost 6% on the month in August as marine fuel sales led the...
16 Sep 2024
Money managers shifted their stance on Brent crude oil futures last week with speculative positions in a net short for the first time since...
16 Sep 2024
Chinese crude oil throughput struggled to pick up in August on the back of thin margins and regional supply overhang, the latest...
14 Sep 2024
Offshore operators in the Gulf of Mexico have started redeploying staff to rigs following precautionary shutdowns, although the volume...
13 Sep 2024
Crude oil futures Friday were little changed, although production losses in Libya and the Gulf of Mexico...
13 Sep 2024
Crude futures and European product prices slipped Friday but still ended the week higher as US Gulf onshore...
13 Sep 2024
Indonesia wants to limit sales of higher sulfur content biodiesel and the widely used 90-RON gasoline grade into to lower its fuel subsidy...