Latest News

India's refined product demand stalled in August, official data showed Friday, dragged lower by a slump in diesel...

The rally in marine fuel persisted last week amid wider market volatility, with tight supply of blendstock in Singapore driving Asian...

Biofuel demand in Germany dropped back in June while amid a sharp drop in the biodiesel blend rate, although the ethanol blend ticked up amid...

Libyan exports remained barriered this week amid the ongoing political dispute, although tentative agreements between rival factions...

Concerns over global fuel demand this week eclipsed bullish signals such as upcoming European refinery maintenance...

Woodside Energy raised $2 billion through a bond sale, the company said Friday, a month after it announced to buy...

Kazakhstan is to start maintenance at the Kashagan oil and gas field next month, with works at the 400,000 bpd likely to help the...

Middle East crude prices were little changed as markets steadied in the second half of the week, while the selloff in gasoline margins and flat...

Colombia has started shutting production at oil fields blocked by protests, its state-owned oil company Ecopetrol said late Thursday...

Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production cuts...

US inventories of middle distillates pulled back to their lowest since June last week as industrial activity started its seasonal pick up, with...

US commercial crude oil inventories extended the summer trend of lower stockpiles, posting a ninth draw in the last 10 weeks...

Crude oil futures were Thursday were cautiously higher on reports that OPEC+ was set to delay planned increases, having tested 16-month lows...

US gasoline inventories bounced back from 2024 lows last week as demand stalled at the end of the summer driving season...

Bullishness around the Asian marine fuel oil market showed little sign of slowing on Thursday, with price indications continuing to push...

OPEC+ has agreed to delay its unwinding of production cuts planned from October by two-months after crude prices this week slumped to their lowest levels of 2024...

European travel demand ticked higher last week as the peak summer holiday travel season wrapped up...

Saudi Aramco's Official Selling Prices (OSP) for October-loading crude oil are likely to be delayed, as OPEC+ officials thrash out details...

Middle East crude prices stabilised at around yearly lows Thursday as markets waited on further news from OPEC+ and Libya, while...

Phillips 66's CEO Mark Lashier expects as much as 700,000 bpd of global refinery capacity to be taken out of the market next year as its less-competitive peers struggle with lower margins...