Latest News

9 May 2024
US natural gas markets extended the past week's sharp gains Thursday as demand shot up amid heatwave conditions across...
9 May 2024
Crude prices ticked higher Thursday on strong China data and growing expectations that OPEC+ will roll production...
9 May 2024
A lobby group representing major oil companies has called for increased carbon taxes and the adoption of emissions trading systems...
9 May 2024
Australia will continue to back natural gas as part if it net-zero target by 2050, vowing to continue utilising its vast reserves...
9 May 2024
US specialty refiner Vertex Energy revealed plans Thursday to pause renewable diesel production and reconfigure its hydrocracker back to conventional fuels...
9 May 2024
Asia naphtha prices are set to face more headwinds coming into the second half of Q2 as...
9 May 2024
Adnoc exported over 1.6 million bpd of its Muban crude in April, as the UAE energy giant stays on target to sell more of its flagship light sweet grade...
9 May 2024
ICE gasoil cracks have recovered this week, rebounding off recent lows, with European diesel arrivals set...
9 May 2024
Singapore's fuel oil stocks rebounded 16% last week as big cargo arrivals resumed, offsetting a drop seen in light end and middle distillate...
9 May 2024
Kuwaiti refiner KPC has offered 360,000 mt of 0.5% sulfur fuel oil for term contract to be shipped in the second half of the year in...
9 May 2024
East of Suez oil prices rebounded strongly Thursday as US inventory data triggered a global recovery, while gasoil margins continued to...
9 May 2024
Goldman Sachs no longer expects OPEC+ to announce a partial unwind of voluntary production cuts...
9 May 2024
Refined oil product stocks in Japan rebounded sharply during the week ending 4 May as the supply...
9 May 2024
Quantum Commodity Intelligence – China became an oil product net importer again in April as crude imports during the month...
8 May 2024
US gasoline inventories climbed by the most since early January last week, as higher domestic output...
8 May 2024
Brent crude futures ended Wednesday's session higher for the first time this month, but stayed within touching...
8 May 2024
Crude oil futures Wednesday were slightly higher as latest US inventory data reports revealed a mixed bag for crude and products...
8 May 2024
US distillate fuel stocks rebounded last week on higher production runs and weak domestic demand, more than...
8 May 2024
US commercial crude oil inventories were down 1.4 million barrels last week as stocks pulled back from a one-year high touched the week...
8 May 2024
Profits more than halved at US refiner HF Sinclair in the first quarter, the company said Wednesday..
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