Latest News

16 May 2024
QatarEnergy has awarded its monthly Al Shaheen tender for July, with premiums retreating from last month's six-month highs as poor refining margins...
16 May 2024
The Dangote refinery is reportedly seeking up to 2 million barrels per month of WTI...
16 May 2024
Iraq's Southern Refineries Company has inked an MOU with China National Chemical...
16 May 2024
Indonesia will look to replace all of its fossil diesel imports with locally produced biodiesel, cutting $20 billion off the country's fuel bill, as...
16 May 2024
Singapore's refined oil product stocks fell 5% last week as middle distillate inventories saw a big draw, while fuel oil imports pulled back...
16 May 2024
Environmental authorities in Mexico have ordered the state oil company Pemex to limit runs at its 315,000 bpd Tula refinery...
16 May 2024
Vietnam's Binh Son Refining and Petrochemical (BSR) has secured financing for an upgrade and expansion plan at...
16 May 2024
The Italian government has sold more than half its direct holding in oil company Eni for around €1.4 billion ($1.52 billion)...
16 May 2024
The immediate threat from out-of-control wildfires against Canada's Fort McMurray oil hub have eased slightly with favorable winds and light rains...
16 May 2024
Domestic gasoline and diesel deliveries by India's state-owned fuel suppliers jumped in the first half of this month against...
16 May 2024
Quantum Commodity Intelligence – South Korea's crude oil imports rebounded last month to nearly 11.96 million mt or 2.91 million bpd, up more than...
15 May 2024
Crude oil futures Wednesday were slightly higher after sharp intraday swings, as US inflation figures and oil inventory draws offset the IEA's...
15 May 2024
Quantum Commodity Intelligence – Crude and product prices inched higher Wednesday as US stock draws helped offset a bearish oil market report...
15 May 2024
Qatar will sign further long-term LNG supply deals with European and Asian buyers this year, the country's Energy Minister...
15 May 2024
A US appeals court Monday confirmed biofuel blend targets for the years 2020-22 after both oil refiners and biofuel producers had pushed for...
15 May 2024
US gasoline stocks fell for the first time in three weeks, EIA data showed Wednesday...
15 May 2024
Australian sales of refined petroleum products in March were 4% higher on the month at 5.2 billion litres as gasoline imports hit a record high...
15 May 2024
US commercial crude stocks fell 2.5 million barrels last week as refinery throughput hit its highest level since the start of the year, data from...
15 May 2024
US distillate stocks flatlined on the week, to leave inventories at five-month lows...
15 May 2024
Bunker sales in Panama stabilised through April as high sulfur fuel oil sales hit a two-year high, as monthly figures from the Panama Maritime...
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