Latest News

16 Aug 2024
India's ethanol blending surpassed the 15% rate for a third straight month in July, but the average rate from November 2023 to July 2024 remained below the government's target...
16 Aug 2024
The US Department of Energy has awarded its first tender for the purchase of 2025-delivery crude into the Strategic Petroleum Reserve...
16 Aug 2024
Chinese refiners raised gasoline and jet fuel yield last month on the back of strong seasonal demand even as the overall crude...
16 Aug 2024
QatarEnergy has awarded its monthly Al Shaheen tender for October, with premiums in retreat amid sluggish spot demand and...
16 Aug 2024
California Governor Gavin Newsom is planning legislation that requires refiners in the state...
16 Aug 2024
US oil refiner Phillips 66 shut the fluidic catalytic cracking unit at its Borger refinery in northern Texas due to...
16 Aug 2024
Domestic road fuel demand in Australia fell sharply in June amid the weak travel season as winter kicks in across the...
16 Aug 2024
Gasoil margins in Asia and Europe edged higher this week as there was talk of crude runs cuts in China and the Asia M1/M2 paper market...
15 Aug 2024
Crude oil futures Thursday were climbing higher with Brent nearing the $81/b mark as investors eyed developments...
15 Aug 2024
Crude futures firmed Thursday as positive US data eased concerns over Chinese oil consumption...
15 Aug 2024
US natural gas prices continued to pull away from the multi-month lows registered in early-August as demand picks on warmer weather...
15 Aug 2024
Oil product stocks held in the ARA region rebounded from six-month lows this week on strong builds in diesel, jet fuel and naphtha...
15 Aug 2024
Bunker demand pulled back in Fujairah through July as regional stocks tightened, with shipowners competing for residual fuels making their...
15 Aug 2024
The jet fuel east-west spread continued to strengthen during trade on Thursday, with the spread hitting its narrowest level in 13...
15 Aug 2024
Kazakhstan's crude oil output inched higher through July despite pledges to cut production as it looks to meet its OPEC+ quota allocation...
15 Aug 2024
A trial date has been set for the former Trafigura executive, Mike Wainwright, on charges related to bribery allegations...
15 Aug 2024
California's Richmond City Council has voted unanimously to approve a $550 million settlement from Chevron...
15 Aug 2024
Residual fuel stocks in Singapore slipped to a six-week low as bunker buying from the city-state remained firm, while a big build was on...
15 Aug 2024
Middle East crude markets Thursday extended the week's decline, while regional tightness in Asia pushed the jet fuel east-west to a fresh...
15 Aug 2024
Cash premiums for diesel have collapsed in northwest Europe as cheap freight keeps imports high...
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