Latest News
10 Jun 2024
US investment bank Goldman Sachs expects an oil supply deficit of up to 1.3 million bpd by the third quarter of 2024...
10 Jun 2024
The US has pushed through a law aimed at increasing the fuel efficiency of new vehicles sold in the country...
10 Jun 2024
The US Department of Energy (DOE) returned to the market with its latest tender to secure crude oil as it continues to buy back inventories...
10 Jun 2024
Diesel prices in Malaysia surged on Monday as the government scrapped its fuel subsidy policy in a bid to...
10 Jun 2024
Speculative bets on a bearish move in Brent crude oil spiked last week even as...
7 Jun 2024
US natural gas prices consolidated solid weekly gains Friday amid increasing power generation demand, declining output and healthy LNG exports...
7 Jun 2024
Crude futures were flat Friday but still sharply lower in a week where OPEC+ announced it would start unwinding production quotas sooner...
7 Jun 2024
Crude oil futures Friday were little changed as benchmarks consolidated most of the gains seen in the back half of the week, although heading for overall...
7 Jun 2024
A volatile week in the crude market left HSFO margins briefly flipping into positive territory, with the relative strength to marine fuel...
7 Jun 2024
German biofuel producer Verbio is expanding its bio-LNG filling station network with renewable energy company BayWa to promote the fuel for...
7 Jun 2024
The Chapter 11 bankruptcy filing by the lead contractor on the Golden Pass LNG terminal will likely lead to a delay of at least least six...
7 Jun 2024
Gasoline fell below both jet and diesel this week in northwest Europe as pressure ramped up on oversupply...
7 Jun 2024
Benchmark Dubai crude ended the week lower, although staged a recovery after posting four-month lows following a negative reaction...
7 Jun 2024
East of Suez crude prices posted gains for a third session as markets extended the recovery following the early-week slump, with the...
7 Jun 2024
Indonesia can save up to IDR 244 trillion ($15 billion) in foreign exchange by implementing 40% biodiesel blending...
7 Jun 2024
The UK gas terminal in Easington has started receiving natural gas supplies again from Norway around five days...
7 Jun 2024
The distillate market saw a pause of gasoil crack freefall this week as Asian refiners cut...
7 Jun 2024
China's crude oil imports rebounded last month against expectations of more...
6 Jun 2024
Crude oil futures Thursday were climbing higher as benchmarks consolidated the solid price rebound after the early-week OPEC-led tumble...
6 Jun 2024
Crude futures and product prices rebounded Thursday as the European Central Bank cut interest rates for the first time in five years