Latest News

21 May 2024
Two Russian refineries damaged by Ukrainian drone attacks have restarted, representing more than half a million...
21 May 2024
Goldman Sachs has increased its price forecast for US natural gas following the sharp rally during May...
21 May 2024
Energy giant TotalEnergies had greenlighted its major Kaminho deepwater project offshore Angola, which is expected to produce 70,000 bpd...
20 May 2024
Crude and refined product prices ticked higher in European trade Monday, little moved by news...
20 May 2024
Crude oil futures Monday were slightly down, as confirmation from Iranian state media that President Ebrahim Raisi...
20 May 2024
Saudi Arabia's crude production dipped back below 9 million bpd in March as the country sticks...
20 May 2024
North American drilling activity was little changed over the week although the Permian Basin lost another two rigs...
20 May 2024
Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...
20 May 2024
The Brent/Dubai cash spread continued to price in negative territory with the inverted value widening to a six-month high heading into the final decade of May...
20 May 2024
Ukrainian drone attacks on Russia's refineries continued over the weekend, with a site in the south of the country damaged in the latest...
20 May 2024
The US Department of Energy (DOE) has bought another 3.3 million barrels of US crude oil as part of its Strategic Petroleum Reserve (SPR)...
20 May 2024
ExxonMobil reported a fire at its 250,000 bpd Joliet refinery in Illinois over the weekend, where it is in the process of restarting after a...
20 May 2024
Russia will scrap a six-month ban on gasoline exports earlier than planned, with the government...
20 May 2024
The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...
20 May 2024
China's heavy fuel oil imports spiked to nearly 2.98 million mt or 665,000 bpd in April, reaching the highest level since the pre-Covid era...
20 May 2024
Russian crude oil remained the top choice for Chinese refiners last month despite a...
20 May 2024
Speculative net long positions for the US crude benchmark contract rebounded for the first time in five weeks as commercial stocks in the...
17 May 2024
Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...
17 May 2024
ICE gasoil futures rebounded for a second consecutive week after the latest series of Ukrainian drone strikes targeted...
17 May 2024
A series of Ukrainian unmanned aerial vehicles (UAV) struck oil infrastructure in Russia's Black Sea port of Novorossiisk...
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