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HSFO cargo prices hit their highest levels since September during trade on Wednesday, with persistent bullishness across the residual...

East of Suez crude prices maintained the solid upward trend Wednesday but benchmark Dubai continued to struggle in relation to Brent...

US refinery capacity increased by 2% or 324,000 bpd in 2023, the EIA said Wednesday

Production has fully resumed from the North Sea Buzzard oil field, following a three-week unscheduled outage...

Refined oil product inventories in Fujairah slumped to a four-month low last week as big draws were seen across the barrel, led by a drop in...

US passenger rail service Amtrak used 1.2mn USG of renewable diesel in fiscal year 2023, up from zero the previous year although diesel fuel use has increased...

ExxonMobil has been forced to shut different units at its Baytown and Beaumont refineries in Texas amid reports of flaring and related...

Fuel oil output in China further dropped in May as domestic refiners continued to...

US crude oil inventories posted an unexpected build for the week ending 14 June, while gasoline stocks were lower...

Quantum Commodity Intelligence – Naphtha stocks in Japan further grew last week as the ongoing cracker turnaround season continued to stifle demand for...

Japan's crude oil imports last month plunged more than 16% compared to the previous to just 2.17 million bpd, the lowest...

Crude oil futures were climbing higher Tuesday, as benchmarks extended the two-week rally to post June highs on renewed demand...

Brent crude futures were trading above $85/b Tuesday for the first time since late April on growing expectations...

Kazakhstan's crude oil output slipped to a nine-month low in May as the country looks to scale back production as part of its OPEC quota...

Rapidly falling prices and cheaper freight costs have helped reopen gasoline arbs from northwest Europe...

A power failure at Norway's key Nyhamna gas plant in the North Sea has reduced processing by just over 40%...

Brazil's state-run Petrobras has settled a long-running dispute with national tax authorities at an estimated cost of BRL 19.8 billion...

A militant group opposed to Niger's ruling junta has claimed responsibility for an attack on the recently-opened oil pipeline...

East of Suez crude markets opened the shortened trading week higher, while jet fuel east-west price arb reached the widest...

Saudi Arabia's crude exports fell below 7 million bpd in April as the Kingdom ramped up refined product...