Latest News
18 Jun 2024
Shell has agreed to buy Singapore-headquartered Pavilion Energy from its parent company Temasek
18 Jun 2024
The US unit of trading giant Trafigura has agreed to pay $55 million to settle a case with regulator the CFTC...
18 Jun 2024
Global oil demand is expected to continue to rise for the next 10 years as wavering electric vehicle demand and higher energy consumption...
18 Jun 2024
QatarEnergy has awarded its monthly Al Shaheen tender for August, with premiums retreating for a second month as poor refining margins...
18 Jun 2024
Quantum Commodity Intelligence – Indian state-owned oil marketing company Bharat Petroleum will look to set up sustainable aviation fuel units at its three refineries...
18 Jun 2024
Biodiesel utilised for marine fuels does not degrade significantly across the entire supply chain under commercial operations for ocean-going vessels...
18 Jun 2024
The ongoing petrochemical cracker maintenance season continued to weigh on ethylene and aromatics output in Japan last month despite...
18 Jun 2024
Chinese clean oil product exports jumped in May after Beijing issued a second batch of export quotas at the start of the month despite a...
17 Jun 2024
Crude oil futures in Monday were climbing higher with benchmarks extending the previous week's solid gains...
17 Jun 2024
Crude and oil product prices were higher Monday as the market shrugged off weak Chinese data with distillate markets...
17 Jun 2024
Asia commentary and pricing are suspended Monday due to the Singapore holiday...
17 Jun 2024
The US is prepared to release crude oil from the Strategic Petroleum Reserve as a counter to higher gasoline this summer if needed...
17 Jun 2024
European diesel markets have tipped back into backwardation for the first time in two months...
17 Jun 2024
North American drilling activity retreated to fresh 2.5-year lows with oil rigs leading the losses...
17 Jun 2024
South Korea is to start walking back Covid-era road fuel tax cuts from as early as next month, signalling an end to long-running efforts to...
17 Jun 2024
South Korea's crude oil imports edged lower last month as the ongoing maintenance season continued to put...
17 Jun 2024
Panama's May bunker fuel sales were up 6% at a seven-month high as tentative signs of improvement to long-running restrictions....
17 Jun 2024
Nigeria's crude oil production fell for the second straight month in May, official data showed Monday...
17 Jun 2024
Bunker demand in Fujairah dropped 4% last month to a six-month low of 620,000 cubic metres in May as sales of both high and...