Latest News

31 Jul 2024
Profits at Austria's OMV group fell over the quarter as weak refinery margins and lower upstream production weighed on its recovering chemicals business...
31 Jul 2024
India's crude oil throughput in June was almost unchanged from the previous month at 5.4 million bpd despite a...
31 Jul 2024
Arbitrage opportunities to send barrels jet fuel barrels to Europe are looking tighter despite the height of the summer travel season's...
31 Jul 2024
Middle East crude finally found some support Wednesday on the expiry as rising geopolitical tensions underpinned markets, while jet fuel...
31 Jul 2024
Turkey's crude oil imports continued to rise through June, gaining another 3% on the month to touch a seven-month high of...
31 Jul 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
31 Jul 2024
Quantum Commodity Intelligence – US crude oil inventories posted a fifth consecutive draw for the week ending...
31 Jul 2024
Russia has extended a ban on gasoline exports set to run through August until the end of October until the end of September, confirming...
31 Jul 2024
A steep drop in middle distillate stocks was seen at the Emirati refined product storage hub of Fujairah in the week to 30 July, with...
31 Jul 2024
Brazil's crude output continued to recover from offshore maintenance to fields and pipelines in June, with a 2.7% rise on the month and...
31 Jul 2024
Jet fuel demand in Japan rebounded sharply last month owing to a boom in summer tourism, a phenomenon that also saw gasoline...
31 Jul 2024
Crude throughput in Japan continued to fall last week, further contributing to a fuel shortage with refined product inventories dropping for...
30 Jul 2024
Crude oil futures in Tuesday were on the slide having having tumbled to the lowest levels since early June...
30 Jul 2024
Brent crude oil and ICE gasoil futures fell for a third straight session to touch levels not seen since early June as...
30 Jul 2024
Energy giant BP has decided to go ahead with the Kaskida project in the US Gulf of Mexico, the company said Tuesday...
30 Jul 2024
US refined product margins could start to see some uptick in the coming weeks as strong refinery run rates start to ease off, spec...
30 Jul 2024
Bio-blended residual fuel oil sales at the Port of Rotterdam dropped back in the second quarter, even as sales of conventional residual fuel oil...
30 Jul 2024
India has seen a shift back towards Middle East crude oil supplies in 2024 but the move could prove short-lived...
30 Jul 2024
BP's crude oil refining margins in Europe slumped to a three-year low in Q2 due to its relatively high dependency on diesel...
30 Jul 2024
Marine fuel cracks in Asia continued to rally on Tuesday, hitting fresh highs not seen in several months as strong seasonal demand across...
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