Latest News
21 Aug 2024
Crude steadied Wednesday and product cracks rebounded after an across-the-barrel US stock draw helped alleviate...
21 Aug 2024
Demand for newbuild tankers has hit its highest level since 2006, with 194 product carriers on order in the first half of the year...
21 Aug 2024
US commercial crude oil returned to the summer trend of lower stockpiles, posting a seventh draw in the last eight weeks...
21 Aug 2024
US middle distillate stocks were on the slide last week as demand continued to pick up at home and overseas, with weekly figures from...
21 Aug 2024
A refined oil products tanker is adrift on the Red Sea after being hit by missiles fired from Yemen overnight, UK Maritime Trade Operations...
21 Aug 2024
US gasoline inventories fell to a fresh 2024-low last week as cheap fuel prices help stimulate demand...
21 Aug 2024
The regrade in Asia is at its tightest since the start of the year as a big overhang in diesel availability across the continent has bumped up...
21 Aug 2024
A slowdown in China's oil demand growth could mean crude oil prices slipping as low as $68/b next year with an economic slowdown and...
21 Aug 2024
Australian energy producer Santos said Wednesday that several key projects are close to completion, which will start to lift production...
21 Aug 2024
Nigeria's massive new Dangote refinery is on track for its first gasoline production next month, government officials said Wednesday, but...
21 Aug 2024
Air Products has agreed to acquire Saneg's hydrogen-producing assets at the Fergana Oil Refinery in Uzbekistan...
21 Aug 2024
The maximum load river barges can carry on the Rhine River will gradually drop over the next weeks after water levels peak...
21 Aug 2024
Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....
21 Aug 2024
Fuel oil stocks in Fujairah continued to fall in the week to 20 August, hitting their lowest level in two-and-a-half years as strong demand for...
21 Aug 2024
The South Korean government said on Wednesday it would further extend tax breaks on road fuel for another two months as global oil price...
21 Aug 2024
PBF Energy has begun maintenance at its 160,000 Torrance refinery in California...
21 Aug 2024
The volume of crude oil cargo arrivals in Japan last month continued to lag behind last year as refinery run cuts weighed on...
21 Aug 2024
Crude oil throughput in Japan jumped in the second half of August as refineries gradually returned from maintenance season, lifting oil product inventories...
21 Aug 2024
US crude oil inventories posted an unexpected build for the week ending 16 August, although stockpiles of refined products...
20 Aug 2024
Crude oil futures under further downwards pressure Tuesday after a choppy that saw benchmarks unable to hold earlier gains....