Latest News
5 Sep 2024
Rhine River barge rates tumbled from two-month highs on Thursday as water levels are expected to build on this week's gains...
5 Sep 2024
US crude exports eased off just under 1% in July as monthly figures from the US Census Bureau published Wednesday called crude oil exports...
5 Sep 2024
Singapore oil product inventories climbed last week as lower residual fuel cargo arrivals resulted in a sharp drop in exports from storage...
5 Sep 2024
Libya's petroleum industry remained severely constrained heading into the back end of the week after rival factions made tentative...
5 Sep 2024
Crude oil cargo arrivals in Taiwan fell sharply in July as the appetite for both US and Saudi barrels eased amid weaker domestic refinery...
5 Sep 2024
US crude oil inventories posted an unexpectedly steep draw for the week ending 30 August, while stockpiles of refined products nudged lower...
4 Sep 2024
Crude oil futures Wednesday remained under strong downwards pressure, amid concerns over weak economic growth and reports that rival...
4 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production quota...
4 Sep 2024
Norway's government will face an appeals court Wednesday to overturn court injunctions against three developing oilfields in the North Sea in a bid to reverse an earlier verdict that rendered permits invalid on environmental grounds...
4 Sep 2024
Attempts to salvage a burning oil tanker in the Red Sea have been called off, after crews came under fire from Houthi rebels despite...
4 Sep 2024
Naphtha margins in Asia hit their highest levels since January during Wednesday trade as weak crude, uncompetitive LPG, and a rebound...
4 Sep 2024
Gasoline and jet deliveries climbed to fresh highs in August, data from fuel supplier Exolum showed Wednesday, as robust summer travel...
4 Sep 2024
OPEC+ is considering deferring planned production increases from October, with the producer group spooked by the slump in...
4 Sep 2024
The EIA expects North America's liquefied natural gas (LNG) export capacity to double by 2028 from 11.4 billion cubic feet/day in 2023 to 24.4...
4 Sep 2024
US gasoline futures continued to sell off during trade on Wednesday, with the end of the peak driving season combining with falling crude...
4 Sep 2024
Diesel cracks in northwest Europe have firmed steadily over recent sessions to their steepest in about three weeks...
4 Sep 2024
Chinese exports of clean oil products are expected to fall this month as weak margins and a shortage of export quotas start to move to the centre...
4 Sep 2024
Middle East crude prices slumped to fresh yearly lows Wednesday amid the broader malaise in oil markets, dragging products lower along with it...
4 Sep 2024
Goldman Sachs said Brent crude oil prices could trade lower to the $70/b threshold as oversupply risk is back in focus after Libya is on track...
4 Sep 2024
Nearly 300 workers at Marathon Petroleum's 140,000 bpd Detroit refinery downed tools Wednesday in a dispute over a new labour...