Latest News

13 Sep 2024
Offline Russian oil processing capacity is expected to reach 3.87 million mt or around 950,000 bpd this month, equivalent...
13 Sep 2024
The stagnant market share of battery electric vehicles (BEV) in Europe has been a topic of concern among policymakers in recent weeks...
13 Sep 2024
HSFO cash prices rebounded from last week's lows as OPEC extended its crude output cuts out to the year-end, a move that narrowed...
13 Sep 2024
US natural gas prices consolidated at around one-month highs Friday, boosted by lost output in the Gulf of Mexico and lower storage...
13 Sep 2024
Gasoline cracks and especially cash diffs in northwest Europe jumped this week with traders ready to capitalise...
13 Sep 2024
TotalEnergies is about to restart an unspecified at its 216,000 bpd Donges refinery on the French Atlantic coast...
13 Sep 2024
Asian crude markets nudged higher for a second session Friday but early week losses still cemented another losing week, while gasoil...
13 Sep 2024
Middle East crude benchmarks extended the summer-long downwards spiral despite recovering from lows, as broader demand concerns...
13 Sep 2024
Kazakhstan exported 43.8 million mt of crude oil via the Caspian Pipeline Consortium's (CPC) export route to the Black Sea between...
13 Sep 2024
Prices for gasoil cargoes landing in Europe appeared to have found a floor at the tail end of this week as the market shrugged off concerns of...
13 Sep 2024
US oil refiners on the Gulf of Mexico were beginning cleanup and restart operations at sites in the path of Hurricane Francine, although...
13 Sep 2024
Offshore oil and gas shut-ins peaked on Thursday as Hurricane Francine made landfall in Louisiana, but operations are expected...
12 Sep 2024
Crude oil futures Thursday were pushing higher as Francine slammed into the Louisiana coastline...
12 Sep 2024
Crude and product were sharply higher Thursday as Francine slammed into the Louisiana coastline as a Category 2 hurricane...
12 Sep 2024
Shell started redeploying workers Thursday at some of its offshore platforms
12 Sep 2024
ExxonMobil shut a sulphur recovery unit at its 609,000 bpd Beaumont refinery this week because of an upset...
12 Sep 2024
Hurricane Francine was downgraded to a tropical depression Thursday, but thousands of residents and businesses were still without power...
12 Sep 2024
Oil product stocks held in the European ARA hub increased from last week as builds in jet fuel, fuel oil and gasoil outweighed draws in gasoline...
12 Sep 2024
Spanish refineries scaled up crude processing in July, monthly data from Cores showed Thursday, with 1.28 million bpd making its way into...
12 Sep 2024
Petroineos on Thursday confirmed it was following through with plans to close its 150,000 bpd Grangemouth refinery...
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