Latest News

Jet fuel refining margins in Asia slipped to their lowest levels in a month during trade on Wednesday as global oversupply in the...

Notional refinery margins for diesel have sunk to their lowest point since mid-June in northwest Europe as flagging...

TotalEnergies has agreed to sell its 10% stake in oil and gas assets in Nigeria for $860 million to Chappal Energies...

Iran has been plotting a revenge attack on former President Donald Trump in retaliation for the 2020 that killed top Iranian general...

Refined product stocks were up across the barrel at the Middle Eastern storage hub of Fujairah in the week to 16 July, with...

Middle East crude extended the early-week losses Wednesday although the selloff showed signs of slowing, while weakness in the middle...

Japan is looking to ramp up jet fuel imports in a bid to tackle the supply shortage due to surging air travel demand, according to a...

Saudi Arabia's crude exports jumped back above 7 million bpd in May, its submission to JODI showed Tuesday...

Russia's energy ministry has proposed extending its ban on gasoline exports into September and October...

Global airline capacity is expected to peak at 545.5 million seats this month, according to industry association OAG...

Russia will make additional cuts in crude oil output this summer and next to compensate for overproduction against its OPEC+ quota...

US crude oil inventories posted a third consecutive draw for the week ending 12 July, while gasoline moved in the opposite direction...

ExxonMobil was forced to shut its 250,000 bpd Joliet refinery in Illinois after a heavy storm caused power loss in the area late Monday...

China's diesel output further slipped in June to a level last seen during the Covid-era when the country was still...

Crude oil futures Tuesday were sliding lower as concerns over broader economic growth offset increasing prospects for a...

Crude and oil product prices fell again Tuesday as concerns over Chinese oil demand continued to weigh on sentiment...

Unplanned maintenance has restricted the availability of spot gasoline and diesel at Bayernoil's 215,000 bpd Vohburg-Neustadt...

The month ahead diesel EFS continued to narrow during trade on Tuesday as expectations of tighter supply in Asia at the end of the summer...

Bunker fuel sales at the Middle Eastern refuelling centre at Fujairah started to recover from May's lows during June, with shipowners...

Canada's Suncor initiated an incident response Tuesday at its 85,000 bpd Sarnia refinery because of heavy rainfall and a potential oil spill...