Latest News

12 Aug 2024
India's prime minister's office is mulling plans to blend ethanol into diesel as...
12 Aug 2024
An undisclosed unit at the 210,000 bpd Lavera refinery in the south of France malfunctioned over the weekend as temperatures...
12 Aug 2024
Vietnam's crude oil imports continued to pick up through July as they pushed back above the 1 million mt mark, with the rise coming...
12 Aug 2024
Rising concerns of a global recession last week prompted investors to raise their bets on weaker oil prices, with the speculative net length...
9 Aug 2024
Crude futures Friday were nudging higher as oil benchmarks consolidated the firm gains made since prices tumbled to...
9 Aug 2024
Brent crude futures ended Friday higher to mark sharp gains on the week as financial markets recovered from its recent sell-off...
9 Aug 2024
Dangote said Friday it was still short of nearly two-thirds of the new mega refinery's crude requirement for September...
9 Aug 2024
Petrobras reported a surprise second-quarter loss Friday as the state-ran company settled a long-running tax dispute...
9 Aug 2024
European natural gas prices consolidated at this week's yearly highs Friday, as heightened tensions on the Russia-Ukraine border...
9 Aug 2024
The maximum load river barge can carry past the Middle Rhine chokepoint at Kaub was further restricted on Friday as water levels...
9 Aug 2024
Middle East crude markets posted a fifth consecutive weekly loss as the upheaval across the global financial markets spilled over into...
9 Aug 2024
Diesel refining margins in Europe hit a two-month low this week as the turmoil from US jobs data and yen speculation in Japan sent crude...
9 Aug 2024
Gasoline barge cracks caught up with moves on the paper in northwest Europe this week...
9 Aug 2024
Thailand's refinery run rates recovered through June and crude oil imports picked up, with lower domestic demand offset by bigger-than-usual...
9 Aug 2024
The Hi5 spread widened across the globe last week as marine fuel continues to firm faster than HSFO, with rising global HSFO supply...
9 Aug 2024
Motiva has started work on its gasoline-producing FCC at the 640,000 bpd Port Arthur refiner
9 Aug 2024
Azerbaijan's crude oil output was steady on the month in July, without combined crude oil and natural gas condensate output of roughly...
9 Aug 2024
Malaysian refined product exports rebounded more than a fifth in June as naphtha and kerosene output hit record highs, along with big...
9 Aug 2024
A crude oil tanker transiting the Red Sea has been targeted in a series of attacks, the latest in a string of strikes aimed at forcing commercial...
9 Aug 2024
Another daily sailing slot has been added on the Panama Canal as water levels improve and increase draft levels on one of the...
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