Latest News

4 Jul 2024
Fuel oil held in the ARA region led this week's decline in oil product stocks, with only jet fuel rising...
4 Jul 2024
Saudi Aramco has cut its Official Selling Price (OSP) for the flagship Arab Light crude loading in August for a second month but further hiked...
4 Jul 2024
Market structure in the Asian high sulfur fuel oil market hit its highest levels since last August during trade on Thursday, with tight...
4 Jul 2024
Middle East oil crude markets were marginally higher Thursday with benchmarks tracking sideways, while in the products market...
4 Jul 2024
A big drop in Singapore's middle distillate stocks last week was offset by bigger builds in light end and fuel oil supply, with inventories rising...
4 Jul 2024
Beijing has asked state-owned oil majors to increase crude oil reserves for the next eight months as the sluggish demand recovery continued to..
4 Jul 2024
Hurricane Beryl remained a powerful storm as it continued its path towards Mexico and while significant weakening is anticipated...
4 Jul 2024
The diesel HOGO spread has risen sharply in recent sessions as US supply tightens, meaning Europe will have...
4 Jul 2024
Spanish gasoline and jet deliveries at Exolum terminals hit fresh highs last month as the summer holiday...
4 Jul 2024
Middle Eastern energy giants Saudi Aramco and Adnoc have been weighing up bids for the LNG assets held by Australia's Santos...
4 Jul 2024
Nigeria's 650,000 bpd Dangote refinery has issued another tender seeking US WTI crude for delivery in August and September...
4 Jul 2024
A compressor tripped at Lyondell's Houston refinery on Wednesday, resulting flaring...
4 Jul 2024
China and Kazakhstan want to boost bilateral oil and gas trade, with a Thursday statement from the two countries pledging to increase...
3 Jul 2024
Crude and European product prices ended the day lower on Wednesday, but recovered from earlier losses...
3 Jul 2024
US crude imports were up 3% in May to a nine-month high of 6.8 million bpd as higher Mexican, Saudi and Brazilian arrivals offset a drop...
3 Jul 2024
Ecuador's OCP has restarted the country's second-largest pipeline a few weeks after it was forced to close...
3 Jul 2024
This week's record-breaking Hurricane Beryl remained a powerful storm as it barreled into Jamaica Wednesday...
3 Jul 2024
Oil futures Wednesday were edging higher following US data which revealed a sharp drop in crude stockpiles...
3 Jul 2024
A big draw in US Gulf Coast gasoil inventories last week offset rising run rates and output, while jet fuel stocks were down from three-year...
3 Jul 2024
The 380 CST east-west spread remained under pressure this week, slipping to lows not seen since April as recent demand destruction-driven...
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