Latest News
6 May 2024
Saudi Aramco has increased its Official Selling Price (OSP) for the flagship Arab Light crude loading in June for refiners in Asia, with the heavier barrels...
3 May 2024
Crude oil futures in were drifting lower Friday, extending the week's sharp losses with benchmarks down by around 6%...
3 May 2024
Crude and European product prices broadly held at recent lows Friday, marking sharp losses on the week...
3 May 2024
OPEC has published plans for Iraq and Kazakhstan to compensate for overproduction during the first quarter...
3 May 2024
A Glencore backed group that includes Indonesian chemical business PT Chandra is in advanced talks to buy Shell's assets in Singapore,
3 May 2024
Passenger numbers at Europe's 40 biggest airports were up 10% on the year in the first quarter, according to Eurocontrol...
3 May 2024
US energy firm ConocoPhillips increased total oil and gas output to 1.9 million boepd in Q1, up 2%...
3 May 2024
The rally in high sulfur fuel oil margins showed no sign of slowing down this week as bullishness for the sector was given a further boost by a...
3 May 2024
US crude oil exports pulled back from February's 12-month high, dropping around 8% on the month to average 4.3 million bpd as...
3 May 2024
Gasoline's struggles to break above its seasonal high reached in early April continued this week with the TA arb
3 May 2024
The European diesel market continued to soften this week, falling relative to crude...
3 May 2024
Asian oil markets extended the week's sharp decline as Dubai tumbled to fresh seven-week lows, while middle distillate outright slipped...
3 May 2024
East of Suez crude prices tumbled sharply to register the steepest weekly loss of the year to date, as the downturn in global sentiment rocked...
3 May 2024
Russia's gas giant Gazprom swung to a massive $7 billion loss last year, its biggest in at least a quarter of a century...
3 May 2024
An early Easter weekend helped boost Spain's demand for gasoline and jet fuel in March, official data showed Friday...
3 May 2024
UAE energy giant Adnoc has reaffirmed plans to boost exports of Murban crude this year, as it expands its crude flexibility project...
2 May 2024
Crude oil futures were little changed as benchmarks failed to hold earlier gains despite initially recovering Thursday...
2 May 2024
Crude prices fell for the fourth straight session Thursday as pressure from the previous session carried over and...
2 May 2024
Quantum Commodity Intelligence – ExxonMobil's $60 billion acquisition of Pioneer Natural Resources will go ahead, but Pioneer's CEO Scott Sheffield...
2 May 2024
Diesel held in the ARA climbed again this week to reach its highest level since last June...