Latest News

19 Jul 2024
Middle East crude markets posted a second consecutive weekly loss, although a midweek bounce limited losses to...
19 Jul 2024
New refineries and upgrades to existing plants helped propel diesel exports from the Middle East to record highs in June...
19 Jul 2024
Naphtha was touching fresh highs again this week with Med supplies seen tightening...
19 Jul 2024
US natural gas prices slumped to fresh multi-month lows for the week ending 19 July, with Freeport LNG expected to undergo an extended...
19 Jul 2024
Quantum Commodity Intelligence – Middle East crude eased slightly Friday to end...
19 Jul 2024
Chinese state-owned refiner Sinochem is said to have shut two oil refineries in eastern China as the company struggled to...
19 Jul 2024
US presidential nominee Donald Trump has promised to immediately reverse policies designed to boost electric vehicle (EV) uptake...
19 Jul 2024
Raging wildfires are threatening production from Canada's vast oil sands Friday, with dozens of fresh blazes...
19 Jul 2024
The combination of renewed demand concerns and a rising diesel surplus slapped refiners' profitability this week, a move that has...
18 Jul 2024
Crude futures inched slightly higher on the day Thursday as a weak dollar helped offset concerns over oil demand....
18 Jul 2024
Exporting marine fuel 0.5% sulfur to Asia is becoming less appealing to traders as the Singapore price of cargoes of the low...
18 Jul 2024
Oil product stocks held in the ARA region dropped below 6 million mt this week for the first time since April...
18 Jul 2024
Crude oil futures Thursday were little changed, although benchmarks came off from earlier highs amid concerns...
18 Jul 2024
Re-elected European Commission president Ursula von der Leyen has promised to stick to an EU ban on sales of gasoline and diesel cars from 2035...
18 Jul 2024
Kazakhstan continued to overproduce crude oil and natural gas condensates last month under the terms of its OPEC+ production commitments...
18 Jul 2024
Ukraine has stopped allowing Russia's Lukoil to ship crude through its country to neighbouring Slovakia
18 Jul 2024
Australian energy producer Santos said that its delayed Barossa gas project in the Timor Sea is now on course for first production in...
18 Jul 2024
Middle East crude rebounded from early-week losses Thursday in tandem with the global trend, while the selloff in gasoil also found some...
18 Jul 2024
Petrochemical output in Japan remained in a structural decline last month as negative margins continued to weigh on cracker run rates with...
18 Jul 2024
Refined product stocks bounced across the barrel in Singapore last week as the biggest weekly inventory build was recorded since April...
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