Latest News

5 Jun 2024
US crude oil inventories recovered from last week's lows as data from the Energy Information Administration (EIA) showed commercial...
5 Jun 2024
A decision to redevelop the Buchan oil field in the North Sea has been delayed until next month's UK general election...
5 Jun 2024
The floating production, storage and offloading (FPSO) vessel that will be used for BP's new project off the coast of Northwest Africa...
5 Jun 2024
Gasoline prices in Singapore continued to unwind their recent slump during Wednesday's session, with weak crude oil prices undoing the...
5 Jun 2024
Diesel's bearish run continued this week with no signs of a hoped-for slowdown in arrivals as tighter Russian supply has been offset by...
5 Jun 2024
East of Suez crude prices steadied Wednesday after slumping 5% early in the week after OPEC+ announced it would start unwinding cuts...
5 Jun 2024
Refined product stocks were on the rise again in Fujairah last week, with the 1.2-million-barrel move across the barrel led by a build in...
5 Jun 2024
European natural gas futures have dropped back to levels since before Monday's sharp rally on an outage affecting a major Norwegian...
5 Jun 2024
Taiwan's Formosa Petrochemical Corp is set to lower crude run rates this month as export margins for...
5 Jun 2024
The US government could accelerate its program to replenish the SSPR with maintenance at key storage facilities set to be completed...
5 Jun 2024
Finland's Neste has ended a major turnaround at its Porvoo refinery, shut in April for scheduled works...
5 Jun 2024
US crude oil inventories posted an unexpected build for the week ending 31 May, while stockpiles of gasoline and distillates were also higher...
5 Jun 2024
Japan's oil product stocks rose for the second successive week to the highest point in four months as weak...
5 Jun 2024
Production from core OPEC members increased during May despite the producer group trying to get to grips with overall output and clamp...
4 Jun 2024
Crude oil futures Tuesday were again under pressure following the 3.5% retreat in the previous session after OPEC+ published plans...
4 Jun 2024
Quantum Commodity Intelligence – Crude's sell-off continued Tuesday as soft US data added to the bearish tone following the decision by...
4 Jun 2024
nions in Nigeria have suspended plans for a nationwide strike to allow more time for talks...
4 Jun 2024
Poland's state-owned oil and gas company PGNiG has bought a 19.2% stake in two North Sea...
4 Jun 2024
HSFO margins in Asia touched their highest level in 10 months relative to Brent crude during trade on Tuesday, with a series of supply...
4 Jun 2024
Socar will shut Azerbaijan's only refinery for a month of maintenance in November, the company said Tuesday...
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