Latest News

5 Aug 2024
Chevron has evacuated non-essential personnel from two of its Gulf of Mexico platforms with Storm Debby expected to hit the Florida coast Monday...
5 Aug 2024
Texas-based Motiva Enterprises has restarted its troubled fluidic catalytic cracker (FCC) unit at the 640,000 bpd Port Arthur...
5 Aug 2024
A raft of weak economic data coming out of China last week outweighed geopolitical risks in the Middle East, giving investors strong evidence to...
2 Aug 2024
ExxonMobil reported a best-in-class second quarter results Friday as production soared after the Pioneer acquisition...
2 Aug 2024
Crude prices collapsed Friday to end the week at fresh two-month lows as disappointing US data sparked fears over the state of the world's largest economy, added to a fading...
2 Aug 2024
Crude oil shipments from Canada's Pacific Coast export terminal eased slightly in July, as the Trans Mountain Expansion (TMX) pipeline...
2 Aug 2024
Chevron's CEO is confident the takeover of Hess will be approved without further complications despite delays into at least 2025...
2 Aug 2024
Crude oil futures Friday were again in sharp retreat following a volatile pricing week as traders watched for developments in the Middle East...
2 Aug 2024
Both gasoline and naphtha hit fresh seasonal highs this week, with Northwest Europe leading on tight US and Med supply...
2 Aug 2024
Middle East crude markets posted a fourth consecutive weekly loss as concerns over demand growth outweighed rising tensions in the...
2 Aug 2024
HSFO continued to come off recent seasonal highs this week as volatility in crude prices drove price action, while slowing...
2 Aug 2024
Middle East crude prices were lower Friday as markets quickly surrendered the previous session's gains, while big selling interest...
2 Aug 2024
ExxonMobil is aiming to restart its Joliet refinery by the middle of August, as the company struggles to bring the 252,000 bpd plant back online...
2 Aug 2024
Vitol has agreed to acquire Singapore-registered oil products and coal trader Noble Resources, the companies announced Friday...
2 Aug 2024
Oil product stocks held in the ARA region fell for the fifth straight week to its lowest since February...
2 Aug 2024
Japan's largest oil refiner Eneos has shut the 145,000 bpd crude distillation unit at its Sendai refinery in...
2 Aug 2024
A growing jet fuel supply tightness in Asia on the back of a summer travel demand boost helped offset the lingering gasoil weakness...
1 Aug 2024
Quantum Commodity Intelligence – Crude held on to recent gains Thursday as Middle East tensions remained in focus...
1 Aug 2024
The UK The Serious Fraud Office has charged five former Glencore employees over allegations related to corrupt payments...
1 Aug 2024
Crude oil futures Thursday eased back from highs, after benchmarks had initially extended the previous session's solid gains after reports....
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