Latest News

4 Jun 2024
Prospects for additional pipeline capacity shipping natural from Russia to China have hit a major snag with the two sides unable to agree on a long-term pricing formula...
4 Jun 2024
Fresh rains have boosted the already-high water levels on the Southern Rhine overnight, likely keeping the current barge sailing...
4 Jun 2024
Outages impacting Norway's natural gas exports were extended Tuesday as a damaged pipeline...
4 Jun 2024
The recovery in Spanish diesel demand this year stalled in May with deliveries mostly static from April, while gasoline demand...
4 Jun 2024
French E10 consumption hit an eight-month in April as overall fuel sales rose to the highest since August 2023, according to...
4 Jun 2024
Benchmark Middle East crude markets slumped almost 5% Tuesday as investors continued to react negatively to the weekend OPEC+...
4 Jun 2024
The jet regrade in northwest Europe has slipped to its lowest in just under two months as imports picked up through May...
4 Jun 2024
Chinese airlines will cut jet fuel surcharges for domestic flights for the first time in six months as the distillate supply surplus in the Asia...
4 Jun 2024
OPEC's crude output in May edged higher as the producer group continued to overshoot against production targets...
4 Jun 2024
The US Department of Energy (DOE) has added another 3 million barrels of crude oil to its Strategic Petroleum Reserve (SPR)...
3 Jun 2024
Crude oil futures Monday were sharply lower as investors shrugged off the OPEC+ extension to current output quotas, instead focusing on...
3 Jun 2024
Crude futures sank Monday after OPEC+ extended its current production quotas until at least October but said...
3 Jun 2024
Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...
3 Jun 2024
Oil product loadings from the Russian Black Sea port of Tuapse are seen down as much as 60% from May schedules this month...
3 Jun 2024
Spanish road diesel demand rose 8% on the year in April to hit its highest level since 2019, while gasoline demand soared by...
3 Jun 2024
Gasoline prices in Asia started the month giving mixed indications as paper markets and cracks to Brent crude firmed as the month rolled...
3 Jun 2024
The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...
3 Jun 2024
Oil output in the Canadian province of Alberta dipped below 4 million bpd in April, official data showed Monday...
3 Jun 2024
Abu Dhabi's state-owned oil company has bought tanker shipper Navig8's fleet and operations, paying up to $1.5 billion as it expands its...
3 Jun 2024
Middle East crude prices started the new month marginally lower as the weekend's OPEC+ meeting did little to move the needle either...
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