Latest News
1 May 2024
European diesel prices have dropped far enough to close inward arbs for now, but excess supply in exporting regions...
1 May 2024
Asia commentary and pricing are suspended Wednesday due to the Singapore holiday...
1 May 2024
Brazil's crude oil production slipped to a nine-month low during March as output in its offshore sector continued to slow from last year's...
1 May 2024
Residual fuel inventories in the Middle Eastern refined product storage hub of Fujairah slipped below the 10-million-barrel market for...
1 May 2024
US diesel demand sank to its lowest February level since 2011, according to the latest monthly EIA statistics
1 May 2024
US crude oil inventories posted a higher-than-expected build for the week ending 26 April, while gasoline and distillates registered declines...
1 May 2024
The development of a global parallel trade in crude oil and refined products means G7-led sanctions on Russia's exports are not working...
30 Apr 2024
Crude oil futures Tuesday were drifting lower as focus pivoted towards ceasefire talks in the Middle East, but the outcome on the latest round...
30 Apr 2024
Crude and refined product prices inched lower Tuesday as the market struggled to find much direction...
30 Apr 2024
S refiner Marathon Petroleum expects oil demand growth of between 1.2 and 2 million bpd over the next few years...
30 Apr 2024
North American crude output rebounded strongly in February after winter Storm Heather knocked out production in a number of key basins at the start of the year...
30 Apr 2024
Traders at ExxonMobil's Brussels office staged a walkout Tuesday in protest over plans to move the entire team to London...
30 Apr 2024
Brazilian refined product demand edged 1% higher through March as rising gasoline sales offset a slowdown in the rest of the barrel...
30 Apr 2024
Thailand's crude oil imports soared 30% in March to their highest level in nine months as spring refinery maintenance work ended and the...
30 Apr 2024
Portuguese oil producer Galp said Tuesday it would need a partner to help develop its huge Namibian discovery and provide most of the...
30 Apr 2024
Bunker demand for residual fuel oils in Rotterdam recovered notably from a slump seen at the end of last year, although sales remained at the...
30 Apr 2024
The average price for Middle East Dubai crude climbed for a fourth consecutive month in April, as oil prices maintained the solid performance so far in 2024...
30 Apr 2024
Austria's OMV group expects margins at its beleaguered petrochemical business this year...
30 Apr 2024
The Hi5 spread in the Asia fuel oil market continued to narrow at the start of the week, with the spread fast approaching the crucial...
30 Apr 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...