Latest News
8 Jul 2024
North American drilling activity registered a first weekly gain in almost two months with gas rigs accounting for the increase...
8 Jul 2024
TotalEnergies restarted a unit over the weekend at its Normandy refinery, while ExxonMobil wrapped up work..
8 Jul 2024
Speculative net length in Brent crude futures posted a fourth consecutive week gain, propelled by a series of bullish factors, including a...
8 Jul 2024
Texas was braced for a direct hit from Hurricane Beryl Monday after a northerly shift over the weekend put the Corpus Christi energy hub close to the storm's path...
5 Jul 2024
Crude futures firmed again Friday to end the week sharply higher, with the threat of supply disruption in the US Gulf and Canada...
5 Jul 2024
Representatives of North Sea oil and gas producers have warned the new UK government...
5 Jul 2024
Crude oil futures Friday were holding at around 10-week highs as broader risk-on sentiment maintained a fourth week of solid gains...
5 Jul 2024
Residual fuel prices continued to rally through the week as seasonal demand was joined by the rise in underlying crude prices, with the market...
5 Jul 2024
Hurricane Beryl slammed into Mexico's Yucatan coastline earlier Friday as a Category 2bstorm, while a northerly shift in tracking models...
5 Jul 2024
Cash premiums for both gasoline and naphtha firmed this week as physical demand ticked higher...
5 Jul 2024
Middle East crude markets posted a fourth week of firm gains as benchmark Dubai closed at the highest level since late April...
5 Jul 2024
China's independent refiner Hengyuan restarted a long residue catalytic cracking unit (LRCCU) at its 156,000 bpd refinery in...
5 Jul 2024
Shell will take an impairment charge of up to $2 billion after selling its Singapore assets and pausing construction at its Rotterdam...
5 Jul 2024
Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...
5 Jul 2024
Gasoil cracks on both sides of the Suez held at firmer levels as a series of refinery outages continued to cripple run rates, while refineries increased jet fuel yields...
5 Jul 2024
Canadian oil and gas producer Suncor Energy has shut in at least one of its oil sands platforms in Alberta...
4 Jul 2024
Crude rebounded Thursday as attention turned to the US Gulf, where producers have started to evacuate offshore...
4 Jul 2024
Crude oil futures in European hours Thursday were slightly lower as soft economic indicators offset any potential impact from Hurricane Beryl...
4 Jul 2024
Sonatrach's planned Hassi Messaoud refinery in Algeria will start production by the end of 2027, local media reported Thursday...
4 Jul 2024
Fuel oil held in the ARA region led this week's decline in oil product stocks, with only jet fuel rising...