Latest News
20 Jun 2024
US middle distillate stocks slipped last week and tracked a wider draw from across the barrel as refinery run rates pulled back from record...
20 Jun 2024
US gasoline stocks fell for the first time in four weeks as US crude runs slowed again and domestic demand...
20 Jun 2024
Growing energy demand in non-OECD countries meant global fossil fuel usage hit a record high in 2023 despite decarbonisation efforts that...
20 Jun 2024
European Union countries have added liquified natural gas (LNG) to the latest package of sanctions aimed at Russia...
20 Jun 2024
Gasoline held in the ARA region eased after last week's sudden jump, dragging naphtha sharply lower...
20 Jun 2024
The European diesel market appears ready to absorb fresh supplies once again with import arbs from both USG and east of Suez...
20 Jun 2024
Russian refined product exports are yet to pick up in June despite the reopening of some of its damaged refineries, a move that could be...
20 Jun 2024
Benchmark Dubai posted fresh seven-week highs on Thursday following the broader oil momentum, with gasoil margins firming to a fresh...
20 Jun 2024
Ecuador has been forced to suspend operations at multiple oil wells in central and eastern parts of the country...
20 Jun 2024
Norway's crude oil output slipped 8% on the month during May to an eight-month low, in line with government forecasts as spring field...
20 Jun 2024
Fuel oil stocks surged last week in Singapore to hit their highest level in a month despite slow cargo arrivals, with inventories of residual...
20 Jun 2024
Citgo has reported flaring and emissions above reportable levels at its 175,500 bpd Corpus Christi refinery...
20 Jun 2024
Nigeria has shut in up to 40,000 bpd of oil production after an oil spill at Nembe Creek in the increasingly hazardous Niger Delta...
20 Jun 2024
Fuel oil exports out of China slid in May as the light crude run slate by...
20 Jun 2024
China's crude oil imports from Malaysia in May jumped to the highest level in seven months while Russia remained the top crude supplier...
19 Jun 2024
Crude oil futures Wednesday were consolidating at multi-week highs on hopes of a demand-led recovery, while geopolitical tensions...
19 Jun 2024
Crude shrugged off a bearish API stock report to consolidate recent gains Wednesday...
19 Jun 2024
The Trans Mountain Expansion (TMX) pipeline will tighten specifications on the quality of crude allowed through the pipeline to make...
19 Jun 2024
The US National Hurricane Center has declared the first named storm of the 2024 season, with Alberto upgraded...
19 Jun 2024
Shell has been forced to close a diesel-making hydrocracker at its troubled 400,000 bpd Pernis