Latest News

27 Mar 2025
Dubai crude pushed up to fresh monthly highs Thursday, broadly following the global trend, while a large build in Singapore fuel oil stocks...
27 Mar 2025
Fuel oil cargo arrivals at the northern Chinese province of Shandong are expected to fall below 300,000 mt this month as independent refiners shun away from...
27 Mar 2025
Spain's Repsol and the UK upstream operator NEO Energy announced have agreed to merge their North Sea oil and gas assets...
27 Mar 2025
The residual fuel stockpile in Singapore continued to rise in the past seven days amid bumper flows into the East of Suez market despite...
27 Mar 2025
Asia-Pacific airlines carried 30.8 million international passengers in February, up 5.9% from a year earlier...
27 Mar 2025
China's state-owned oil refiner Sinopec is planning to start a new crude distillation unit at its biggest refinery next quarter after a fire incident in...
27 Mar 2025
Uncertainty across the US oil patch surged to its highest level since the pandemic as shale executives warned that President Donald...
26 Mar 2025
The Iraqi government has given its final approval for BP to redevelop several giant oil fields in Kirkuk...
26 Mar 2025
The massive East African Crude Oil Pipeline project running 1,443 km (897 miles) across Uganda and Tanzania has secured...
26 Mar 2025
Crude and products were higher Wednesday, helped by a bullish US stock report, while investors continued to...
26 Mar 2025
US ethanol stocks in the Midwest were at a record high, while total exports reached an eight-week high, the latest US Energy Information Administration data showed...
26 Mar 2025
Dubai crude extended gains against Brent this week, lifted by tightening sour supply as the market prepares for the impact of US...
26 Mar 2025
Brent crude futures were edging higher as API reported a draw in US inventories, with the market weighing a ceasefire...
26 Mar 2025
Distillate fuel oil inventories in the US declined for the fourth consecutive week last week, data from the Energy Information Administration (EIA)...
26 Mar 2025
US refiner Phillips 66 on Wednesday responded to a legal challenge brought by activist investor Elliott Management...
26 Mar 2025
US gasoline inventories were seen lower for the fourth straight week on Wednesday, as refinery issues in California...
26 Mar 2025
Commercial US crude inventories declined for the first time since February as exports remained robust for a second week...
26 Mar 2025
Mexico's gasoline imports slumped to their lowest levels in four years in February, buoyed by higher refined product output, which was up 2%...
26 Mar 2025
European air travel increased 3% to 26,592 daily flights last week, according to data published on Wednesday by Eurocontrol...
26 Mar 2025
Barging rates in Western Europe continued to strengthen this week as rising cargo demand and tight barge availability drove prices higher...
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