Latest News

7 May 2024
BP's first quarter earnings slumped slightly more than 45% in the first quarter, the company said Tuesday...
7 May 2024
Benchmark Dubai crude edged up Tuesday to break a five-session losing streak, while news of 14 million mt of fresh export quotas from...
7 May 2024
Spanish road fuel and jet fuel deliveries at Exolum terminals were all seen sharply higher in April...
7 May 2024
Adnoc has increased the OSPs for June-loading crude, with its flagship Murban grade set at...
7 May 2024
The transatlantic gasoline arb has snapped shut again this month with US demand showing little sign of life ahead of the summer driving...
7 May 2024
India's fuel consumption continued to hit fresh highs through April, with diesel sales leading the way higher while gasoline and jet fuel...
7 May 2024
Russia's oil refining capacity appeared to improve last week as repair works to damaged refinery sites made progress, with gasoline production...
7 May 2024
Spain's crude oil imports in March were up almost 5% compared to last year at 4.9 million mt, with big volumes arriving from Brazil and the US...
7 May 2024
Beijing has issued its second batch of export quota for refined oil products this year at 14 million mt, according to...
7 May 2024
Exports of LNG from the Chevron-operated Gorgon processing plant in Australia are set to fall during May after a technical problem...
7 May 2024
The US has sufficient supplies in its  SPR to cope with any potential needs, despite the record sales in 2022 and a relatively slow buy-back program...
6 May 2024
Crude oil futures opened the week higher, rebounding from seven-week lows amid fading hopes for a Middle Ease ceasefire deal...
6 May 2024
Brazil's refined products output slumped to a 12-month low during March, with government figures published Friday showing the country...
6 May 2024
Gasoline cracks in Singapore slipped to their lowest levels since the start of the year during trade Monday as expectations of further...
6 May 2024
Major US LNG exporter Cheniere Energy expectsa relatively modest maintenance program at its US Gulf terminals this summer...
6 May 2024
Demand for high-sulfur gasoil in China is expected to be under pressure this month as the country's fishing ban season kicked off last week...
6 May 2024
North American drilling activity resumed the downwards trend with both oil and gas activity reduced...
6 May 2024
A build in money managers' Brent long positioning last week left global crude markets appearing slightly more bullish, while a prolonged selloff...
6 May 2024
Threats from Houthi militants to target commercial vessels in the eastern Mediterranean has put the shipping industry on high alert...
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