Latest News
15 Aug 2024
Cash premiums for diesel have collapsed in northwest Europe as cheap freight keeps imports high...
15 Aug 2024
China's state-owned jet fuel trader and distributor, China Aviation Oil, expects global air travel demand to remain robust in the second half...
15 Aug 2024
China's crude oil throughput continued to fall in July to the lowest level in 18 months as a stagnate demand recovery and refinery...
15 Aug 2024
The US unit of commodities trader Vitol has been hit with a $500,000 fine by the Commodity Futures Trading Commission (CFTC) for...
14 Aug 2024
Crude oil futures Wednesday were drifting lower as an unexpected build in US crude stocks cancelled out earlier gains...
14 Aug 2024
Crude fell on Wednesday as a surprise US stock build outweighed Middle East tensions, while European gasoline was unable to draw support...
14 Aug 2024
US distillate stocks dropped last week as refiners shifted yields away from the middle of the barrel and domestic consumption inched higher...
14 Aug 2024
US commercial crude oil inventories posted an unexpected build to snap a run of six consecutive draws...
14 Aug 2024
US gasoline stocks fell nearly 3 million barrels last week to a fresh low for the year, as net exports jumped and demand inched back above the 9 million bpd mark...
14 Aug 2024
Brazil is set to beef up LNG imports to make up for the loss in hydropower generation caused by this year's droughts...
14 Aug 2024
Russian seaborne crude oil exports hit 116 million mt in the first seven months of the year, with exports for July around 21.8 million mt...
14 Aug 2024
Water levels on the Rhine started to rebound on Wednesday, marginally increasing the maximum load barges can carry, although...
14 Aug 2024
Diversions away from security risks on the Red Sea by global shipping is burning an additional 200,000 mt per year of fuel oil on tanker...
14 Aug 2024
Bunker fuel demand recovered in Singapore through July, with sales in the world's biggest bunkering hub up 9% on the...
14 Aug 2024
US crude oil inventories posted an above-expectation draw for the week ending 9 August, while gasoline stockpiles were also...
14 Aug 2024
Bunker fuel sales in Panama last month came in at the highest they have been since March 2023, with data showing 436,500 mt of...
14 Aug 2024
East of Suez crude prices eased back Wednesday to snap a six-session winning streak, although that was not enough to stop margins...
14 Aug 2024
The International Energy Agency (IEA) no longer expects global gasoline demand to peak this year...
14 Aug 2024
Russia has extended a gasoline export ban until the end of 2024, government officials were quoted by Interfax Wednesday...
14 Aug 2024
Indonesia's Pertamina is looking to start low-carbon gasoline production at its Balikpapan refinery in about a year's time after...