Latest News

6 Jun 2024
US net crude imports picked up through April to their highest level since January, with imports on the rise and exports sliding, monthly trade...
6 Jun 2024
Russia continued reducing its oil output in May in accordance with its OPEC+ quotas on production and exports, according to...
6 Jun 2024
Gasoline stocks held in the ARA region sank 10% last week as transatlantic exports picked up, while diesel climbed with part of the Rhine closed...
6 Jun 2024
Naphtha east-west spreads have continued to firm this week, with the increasing attractiveness of the petrochemical feedstock in Asia...
6 Jun 2024
Indian consumption of both gasoline and diesel soared to new highs last month as a general election...
6 Jun 2024
A tanker carrying around 2 million barrels of US crude has been waiting over a month to discharge at Nigeria's new Dangote...
6 Jun 2024
The Norwegian Ministry of Energy has announced that three additional areas for CO2 storage will be made available...
6 Jun 2024
Capital expenditure in fossil fuel projects, such as oil and gas exploration and production...
6 Jun 2024
Quantum Commodity Intelligence – East of Suez crude prices recovered some lost ground Thursday but oil markets remain cautious, while weak...
6 Jun 2024
Commodities trading house Trafigura reported a sharp fall in earnings in the first six months of its financial year...
6 Jun 2024
Work at a refinery in the Russia's southern Rostov region has been struck again by Ukrainian drones, halting operations at the plant as part...
6 Jun 2024
Light end stocks in Singapore surged to a one-year high last week in a busy week of stock building, with refined product availability...
6 Jun 2024
The OPEC+ producer group has not pivoted in favour of chasing market share over price stability, said Saudi Arabia's Energy Minister...
6 Jun 2024
Adnoc has increased the Official Selling Prices for July-loading crude, with its flagship Murban grade set at...
6 Jun 2024
Saudi Aramco has reduced its Official Selling Price (OSP) for the flagship Arab Light crude loading in July for refiners in Asia, but increased premiums to Europe to reflect...
5 Jun 2024
Crude oil futures Wednesday were edging higher as benchmarks looked for a support floor after sustaining heavy losses of up to 6%...
5 Jun 2024
Crude ended the day slightly lower but capped earlier losses after US crude and product inventories rose less than expected Wednesday..
5 Jun 2024
US distillate fuel stocks jumped more than expected in the final week of May to hit a three-month high as weak...
5 Jun 2024
ExxonMobil has begun shutdown procedures at its Gravenchon petrochemical site on France's Atlantic coast...
5 Jun 2024
US gasoline stocks added another 2 million barrels last week as lower domestic demand...
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