Latest News

Saudi Arabia is selling a 0.64% stake in its state-owned oil giant Saudi Arabia...

Middle distillate paper cracks on both sides of the Suez remained in a downward trajectory throughout...

Quantum Commodity Intelligence – Peak spring refinery maintenance season in Japan saw its domestic oil product sales dropping further...

Crude oil futures Thursday resumed downwards trend despite US data revealing a larger-than-expected draw on crude stocks...

UK refinery throughput and gasoline production edged higher in March as crude output started to recover from February's maintenance...

Crude prices shrugged off a sharp US crude draw to end the day lower, while this week's

US stocks of distillate fuels rose beyond market expectations last week to hit a three-month high as both demand and exports...

US commercial crude stocks fell by 4.2 million barrels last week, with the draw landing in the middle of other guesses as domestic crude...

US gasoline stocks jumped more than expected last week as imports topped 1 million bpd for the first time this year....

Goldman Sachs has maintained its mid-term Brent outlook at $75-90/b but remains broadly upbeat on prospects for the oil market...

The southern Rhine faces a sailing ban this weekend as heavy rainfall is set to boost water levels beyond a critical high...

Gasoline held in the ARA region jumped 10% this week to its highest in a month amid higher crude refineries, while diesel stocks...

Ammonia production in Trinidad and Tobago hit its lowest level since 2002 at the start of this year, although exports stood at just...

East of Suez crude prices Thursday were lower as the early-week rally ran out of steam, although that selloff was not enough to halt gasoline...

Brazil's April crude output slipped to its lowest levels in a year, with government data showing crude output tracking a similar slowdown...

Freight costs for transporting clean products between the Middle East and Asia have strengthened in recent weeks as refineries are set to ramp up output after the maintenance...

Oil product stocks in Singapore halted their recent decline and rebounded last week on the back of an influx of fuel oil while distillates remained...

NG export capacity from the Republic of Congo is set to grow more fivefold in 2025 after overseas shipments started in Q1 of this year...

US crude oil inventories posted a larger-than-expected draw for the week ending 24 May, while gasoline stockpiles were also down...

Japan's crude oil imports rebounded in April to the highest level since the start of 2024, preliminary trade data showed on Thursday...