Latest News
3 Jul 2024
US commercial crude oil inventories posted unexpected eight-digit decline last week as net imports narrowed and refinery rates ticked up...
3 Jul 2024
Socar has been forced to reduce diesel output at its 240,000 bpd STAR refinery in Turkey, according to local media reports...
3 Jul 2024
US gasoline inventories fell last week as demand ramped up ahead of the 4 July holiday, outpacing a small rebound in domestic output...
3 Jul 2024
Eurobob gasoline timespreads have flattened out to August this week for the first time since the depths...
3 Jul 2024
Middle East oil crude markets were slightly lower with markets catching up with the Brent retreat, while the jet fuel east-west touched its...
3 Jul 2024
The UAE's energy giant Adnoc is set to boost production from the giant offshore Zakum field with a further ramp up...
3 Jul 2024
Russia's Black Sea crude and product terminal at Novorossiysk was operating as normal Wednesday...
3 Jul 2024
BP has been awarded half the gasoline held in the Northeast Gasoline Supply Reserve
3 Jul 2024
US crude oil inventories posted an unexpectedly sharp draw for the week ending 28 June, while gasoline stocks were higher...
3 Jul 2024
Oil production from the 12 core OPEC members increased during June with an increase from Nigeria offsetting a reduction...
3 Jul 2024
Refined product stocks slumped 7% in Fujairah last week, with big draws in the light end and fuel oil saw products in the week to 2 July...
3 Jul 2024
Brazilian crude oil output edged higher through May as it recovered from 12-month lows touched during April, with a 4% rise taking output...
3 Jul 2024
Japan's third-biggest oil refiner and petrochemical cracker Cosmo Oil has restarted the 102,000 bpd crude distillation unit at its...
3 Jul 2024
Oil product stocks in Japan continued to fall last week as crude throughput plunged due to refinery outages and weak refining margins while...
2 Jul 2024
Crude futures firmed again Tuesday on rising hopes over summer oil demand and tighter OPEC supply...
2 Jul 2024
The record-breaking Category 5 Hurricane Beryl continues track across the Caribbean towards Mexico's southeast coastline...
2 Jul 2024
Oil futures Tuesday were consolidating the early-week gains as benchmarks traded at around two-month highs before easing slightly...
2 Jul 2024
Rising US gasoline inventories are weighing US gasoline prices, the EIA said Tuesday...
2 Jul 2024
Gasoil cracks in Singapore rallied to a three-month high during trade on Tuesday, with outages at Asian refiners exacerbated by strength...
2 Jul 2024
Brazil's domestic consumption of refined products slipped 3% on the month in May, pulling back from multi-month highs seen in April as...