Latest News
26 Apr 2024
Plans for Uganda's first refinery have moved a step closer with talks between government officials and the Dubai-based Alpha MBM Investments...
26 Apr 2024
East of Suez crude prices edged higher over the week, reversing early-week losses...
26 Apr 2024
The French energy major TotalEnergies is seriously considering a listing in New York...
26 Apr 2024
The restart of Equinor's Hammerfest LNG plant, which shut Wednesday on a gas leak...
26 Apr 2024
Spanish energy company Cepsa said Friday it would continue to divest upstream...
26 Apr 2024
China's commercial road fuel stocks rebounded sharply as refiners brace for a seasonal demand surge in the...
25 Apr 2024
The US has announced the latest round of sanctions against Iran, targeting shipping linked to the Tehran regime...
25 Apr 2024
Crude futures fell Thursday on disappointing US economic data, while European diesel...
25 Apr 2024
Crude oil futures were lower as markets failed to hold earlier gains, after data released Thursday flagged concerns over the health of the US economy...
25 Apr 2024
US refiner Valero sees "several years" of refined product tightness with demand...
25 Apr 2024
US demand for distillate fuels fell by about 1% in the first three months of the year...
25 Apr 2024
Shares in Finland's Neste slumped nearly 8% Thursday to their lowest value since the depths of the Covid pandemic...
25 Apr 2024
Diesel held in the ARA region hit a fresh ten-month high this week, while gasoline stocks rebounded...
25 Apr 2024
High sulfur fuel oil cracks in Singapore hit a fresh eight-month high during trade on Thursday as inventories in the world's biggest bunkering...
25 Apr 2024
Russia's refined products output dropped again in March as the effects of a series of Ukrainian drone attacks on its refinery infrastructure...
25 Apr 2024
US natural gas giant EQT is to extend current production cuts until at least the end of May but also flagged the likelihood of a further...
25 Apr 2024
Spanish energy company Repsol said it expected crude production to flatline...
25 Apr 2024
The UK Labour Party's plans to hike energy levies further in the North Sea if it wins power as expected this year could risk much-needed...
25 Apr 2024
Benchmark Dubai was slightly lower Thursday, losing ground against Brent, while HSFO margins pushed to fresh eight-month highs after...
25 Apr 2024
Residual fuel inventories in Singapore slumped 15% last week to their lowest levels since December, with a slowdown in cargo arrivals...