Latest News

Proposed changes to Argentinian biofuels regulation are a potential "game changer," according to a new US Department...

Brent crude should continue to see a floor at around $75/b despite the recent volatility in the wider financial market as current demand...

Saudi Aramco reported a dip in second quarter profits for 2024 versus the previous year as the energy producer reined in production, while soft...

Middle East crude prices edged up Tuesday although markets broadly remained under pressure, but it did not stop naphtha cracks...

TotalEnergies has agreed to divest its Pakistani assets with the sale of a 50% share in fuel retailer Total Parco to Gunvor.

Idemitsu Kosan saw its refined oil product exports soaring in the first financial quarter of this year amid a faltering recovery in demand in...

Valero has shut a gasoline-producing FCC at its McKee refinery in Texas for a few days of planned maintenance this week

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

Crude oil futures tumbled to 2024 lows as concerns over global economic growth and slowing oil demand growth...

Crude dropped to fresh multi-month lows Monday, adding to steep losses at the back end of last week on concerns...

Global airline capacity is expected to reach 542.9 million seats this month, according to industry association OAG...

North American drilling activity eased last week as producers look to rein in natural gas output in the face of tumbling prices...

Freight rates for shipping clean oil products from the Middle East to Asia slipped further last week amid a product supply overhang in the East...

Middle distillates led the way lower in the refined products market at the start of the week as mounting concerns over the health of the...

Saudi Aramco has increased the Official Selling Price (OSP) for the flagship Arab Light crude loading in September...

Libya's 300,000 bpd Sharara oil field was said to be completely shut Monday after employees received orders...

Middle East crude prices slumped to yearly lows Monday as concerns over demand growth took hold, with the selloff dragging the products...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed a fire at an oil well operated by state-owned NNPC...

Water levels on the Rhine have started to fall this week after months of rainy and cool weather gave way to dryer and hotter weather...