Latest News
2 Jul 2024
ExxonMobil's French subsidiary has used a court ruling to remove blockades that threatened to disrupt operations at its Gravenchon refinery...
2 Jul 2024
OPEC's crude output in June eased slightly but the producer group continued to slightly overshoot against production targets...
2 Jul 2024
Ecuador is pumping around 100,000 bpd or 20% below recent crude oil output levels, as flooding and landslides complicate the cleanup of...
2 Jul 2024
Shell will temporarily halt construction work at its Rotterdam biofuels facility to make sure the new plant is competitive and to address project...
2 Jul 2024
Japanese oil refiner Idemitsu Kosan's Chiba refinery was hit by a fire on Tuesday, while Taiyo Oil shut operations at its Shikoku...
2 Jul 2024
Middle East crude prices extended the strong upwards trend in place since early June, while strength in the distillate market persisted...
2 Jul 2024
Gasoline's premium over naphtha in northwest Europe has sunk to levels not seen since the turn of the year...
2 Jul 2024
Summer demand for gasoline and diesel in China is expected to show opposite trends as car driving is to rise during...
2 Jul 2024
Adnoc's plans to expand its global trading operations have been endorsed by the Crown Prince of Abu Dhabi, including an expansion...
2 Jul 2024
A US court has paused the ban on approvals for new LNG export terminals which was announced earlier this year, reported the Politco website...
1 Jul 2024
Crude oil futures opened the new month higher, extending the solid gains posted since the first week of June...
1 Jul 2024
Crude and product futures were higher Monday on signs of firmer oil demand, outweighing reports of higher Russian exports...
1 Jul 2024
Structure at the front of the Asian gasoline curve continued to firm in the first trading day of the month, with broker data showing...
1 Jul 2024
Brazil's refined products exports dropped 25% last week to 378,000 bpd, led by a 30% drop in fuel oil loadings to 253,00 bpd amid slowing...
1 Jul 2024
Indian fuel demand showed no signs of slowing last month after nationwide elections ended...
1 Jul 2024
Saudi Aramco has awarded contracts totalling more than $25 billion as it launches the next phase of its massive natural gas...
1 Jul 2024
Turkey's crude oil imports were up 4% on the month in May as arrivals hit a five-month high, government figures showed Monday...
1 Jul 2024
Oil product exports at the Russian Black Sea port of Tuapse are seen sharply higher this month...
1 Jul 2024
Saudi Aramco has kept its contract prices for customers in Asia steady for this month, shaking off a 6% rise in crude oil prices last...
1 Jul 2024
Hurricane Beryl has intensified to a Category 4 storm as it barrels towards to Caribbean, said the US National Hurricane Center, making it one earliest...