Latest News

15 Jul 2024
Open interest and trading volumes in low-sulphur gasoil contracts (LSGO) have hit a series of record highs this year...
15 Jul 2024
Middle East crude opened the week lower with markets catching up with the Brent retreat after Asian markets had closed on Friday...
15 Jul 2024
Nigeria's NNPC has had its stake in the 650,000 bpd Dangote refinery reduced by almost two-thirds...
15 Jul 2024
Kuwait has announced a major offshore oil and gas find that could yield more than 2 billion barrels of oil and...
15 Jul 2024
South Korea's crude oil imports in June fell for the second successive month to a 10-month low of 10.19 million mt amid weak...
15 Jul 2024
French oil product demand slumped in June, the latest industry data showed Monday, as fewer working days
15 Jul 2024
China's crude oil throughput continued to slide last month as prolonged refinery outages and thin margins weighed on plant...
15 Jul 2024
The speculative net length of Brent and WTI futures extended gains...
15 Jul 2024
North American drilling activity resumed the year's downwards trend with small drop calculated in the latest report...
12 Jul 2024
Brent futures inched higher Friday, but not enough to offset early-week losses, while LSGO...
12 Jul 2024
Crude oil futures Friday were higher for a third consecutive session, as the price rebound helped to claw back most of the...
12 Jul 2024
US natural gas prices remained under pressure throughout the week ending 12 July, as bulging inventories left prices at...
12 Jul 2024
The UK's Department for Energy Security and Net Zero has denied reports it has banned the North Sea oil regulator
12 Jul 2024
HSFO flat prices were able to shake off the worst of the week's crude losses as refining margins in Asia emerged relatively healthy, while the....
12 Jul 2024
Middle East crude markets posted a first loss in five weeks, although a redound at the backend of the week limited losses to...
12 Jul 2024
Essar Energy Transition (EET) has launched EET Hydrogen Power, a hydrogen-ready combined heat and power plant (CHP)...
12 Jul 2024
Both gasoline and naphtha faltered this week as Hurricane Beryl passed with minimal impact on US Gulf supply, while arbs look difficult to...
12 Jul 2024
East of Suez crude prices edged higher Friday to consolidate gains seen at the backend of the week, while a wave of buying interest...
12 Jul 2024
Australia's Woodside Energy has entered into a long-term agreement with Taiwan's CPC Corporation to provide LNG for the next decade...
12 Jul 2024
A slew of gasoil cargoes leaving the Arabic Gulf region has helped ease the middle distillate supply tightness caused by a series of refinery...
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