Latest News

Low natural gas and LNG could prove a threat to Goldman Sachs' long-term $80/b Brent crude forecast...

US crude oil output eased off slightly in May, with data from the EIA showing the world's biggest crude oil producer churning out 13.17...

Shell reported another strong quarter Thursday, beating analyst estimates for the third straight time...

HSFO margins in Asia have come under pressure from the recent rally in crude prices, with paper margins slipping to three-month lows as...

The OPEC+ JMMC has not recommended any immediate changes to the producer alliance's current production policy...

Saudi Aramco's LPG contract prices for customers in Asia crept higher this month, bouncing off nine-month lows as propane was marked up...

Middle East crude markets opened the new month sharply higher as rising geopolitical tensions lifted global oil prices, while it was a busy...

Eurobob gasoline cracks have topped $17/b for the first time since the start of June as lower US output helps tighten Atlantic supplies...

Spanish demand for gasoline and jet fuel reached a new record high last month as summer travel demand neared its peak...

A big draw from light end inventories weighed on refined product availability in Singapore last week, as stocks slipped 3% to a three-week low...

Trafigura on Thursday completed the acquisition of UK-based road fuel supplier Greenergy, while reaching an agreement with ExxonMobil for some of its French downstream assets including a refinery...

Quantum Commodity Intelligence –  The battle between ExxonMobil and Chevron to take over prized offshore assets owned by Hess...

South Korean energy major SK Innovation expects robust refining margins in the second half of the year on the back of stronger demand for...

US oil refiner Motiva Enterprises has pushed back the restart date of the fluidic catalytic cracker (FCC) at its...

Crude rebounded Wednesday after Israel appeared to assassinate the Hamas leader inside Iran, while Ebob gasoline cracks hit a two-month high after another US stock draw...

Crude oil futures Wednesday rebounded from two-month lows as tensions in the Middle East ratcheted up...

US distillate inventories rose 1.5 million barrels last week as export demand tailed off and weighed even as refiners reduced run...

US commercial crude oil inventories retreated for a for a fifth consecutive week, with the draw coming primarily from the...

US gasoline stocks fell to their lowest level this year as refinery issues further curtailed domestic runs...

The average price for Middle East Dubai crude nudged higher in July versus the previous month, as firmer levels early on helped mitigate...