Latest News

31 Mar 2025
Global airline seat capacity is projected to reach 493.8 million in March, up 9% from the same month in 2024, according to data from...
31 Mar 2025
Crude output in Brazil reached its highest level in over a year last month as the South American giant continues to recover after losing...
31 Mar 2025
US President Donald Trump warned he could impose secondary tariffs of up to 50% on countries buying Russian oil if Moscow...
31 Mar 2025
Asia commentary and pricing are suspended Monday for the Eid-al-Fitr and Hari Raya Puasa holidays in Singapore. A normal...
28 Mar 2025
The Canadian province of British Columbia has eliminated a carbon tax on all fuels effective April 1, 2025...
28 Mar 2025
The US rotary drilling activity eased lower after the producers in the Permian Basin took down a few...
28 Mar 2025
Benchmark crude oil futures extended losses on Friday but posted the third consecutive weekly gain, as tightening market balances...
28 Mar 2025
Crude oil futures hovered near one-month highs on 28 March, on track for a third straight weekly gain, as tightening global supply...
28 Mar 2025
Enbridge expects to federal and state permitting and challenges against some awarded permits for its Line 5...
28 Mar 2025
Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...
28 Mar 2025
Marine fuel prices in Singapore looked to have bottomed out this week as margins showed tentative signs of improvement despite...
28 Mar 2025
Russia on Friday accused Ukraine of destroying a gas metering station in the Kursk region, raising tensions over a fragile US-brokered...
28 Mar 2025
Activist investor Elliott Management has built a short position in UK-headquarter Shell, in the latest move involving a European oil major...
28 Mar 2025
Cracks on EBOB barges jumped sharply higher on the seasonal transition to premium summer grades this week...
28 Mar 2025
Total French E10 sales fell back on the month in February, although daily average sales edged higher and volumes on both a total and daily...
28 Mar 2025
Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs for the May25 contract expiry, boosted by...
28 Mar 2025
Cenovus Energy will shut several units at its 160,000 bpd refinery in Toledo, Ohio for planned maintenance starting mid-April...
28 Mar 2025
The Norwegian Offshore Directorate (NOD) announced on Friday that it had made an oil and gas discovery in the northern sector of the...
28 Mar 2025
Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...
28 Mar 2025
Jet fuel demand in China is expected to extend growth this year, driven by stronger travel demand as air passenger trips are...
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