Latest News

24 Jun 2024
US refiners Valero and Marathon Petroleum both reported issues at different units at their Texas plants over the weekend...
24 Jun 2024
Gasunie and Royal Vopak, together with the Dutch Ministry of Affairs and Climate Policy, have launched a market consultation...
24 Jun 2024
Italian oil product demand ticked higher again last month as gasoline and jet fuel consumption ramped up...
24 Jun 2024
North American drilling activity retreated to fresh 2.5-year lows with oil rigs again leading the losses...
24 Jun 2024
Speculative net long positions on ICE Low Sulphur Gasoil futures surged last week amid a brighter demand outlook for the road fuel market...
21 Jun 2024
Crude futures inched higher Friday to consolidate recent gains and close higher for the second straight week...
21 Jun 2024
Residual fuel flat prices were dragged along by the rally in crude this week, although the recent rally in the high sulfur fuel oil market stuttered...
21 Jun 2024
Crude futures in European hours Friday were marginally lower although oil benchmarks were heading for a second week of solid gains...
21 Jun 2024
Ukraine has claimed a series of successful strikes on four Russian refineries as part of an overnight attack involving up to 100 drones on Russia...
21 Jun 2024
Gasoline finally appeared to find a floor this week with arbs reopen, helped by stockdraws on both sides of the Atlantic...
21 Jun 2024
Middle East crude markets posted a second week of firm gains as benchmark Dubai closed at the highest levels since late May, despite losing ground to Brent...
21 Jun 2024
Benchmark Dubai posted fresh seven-week highs Friday, following the broader oil momentum, while repeated strikes on Russia refining...
21 Jun 2024
Middle distillate margins posted solid gains this week as the shutdown of a hydrocracking unit at Shell's Pernis refinery tightened gasoil...
21 Jun 2024
HF Sinclair's Kansas refinery and Flint Hill's Texas plant both reported issues this week...
21 Jun 2024
India's crude oil imports in May grew for the fourth consecutive month to hit a new record high in the...
21 Jun 2024
Japan is set to extend government subsidies on domestic gasoline to at least...
20 Jun 2024
Crude oil futures were higher Thursday as benchmarks extended the sharp rally that has lifted prices by around 11%...
20 Jun 2024
Crude and product prices slipped Thursday, but held near recent highs, after a broadly bullish US stock report...
20 Jun 2024
US commercial crude oil inventories dropped last week amid stable output while imports scaled back from the multi-year highs...
20 Jun 2024
Explosions were heard overnight at the 120,000 bpd Afipsky refinery in Russia's southern region of Krasnodar Krai in what appears to be...
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