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Oil producer Galp has made a significant oil discovery offshore in Namibia's Orange Basin, with the company saying it is hopeful the structure...

Speculative bullishness around the Brent and WTI crude contracts diverged last week as money managers were seen to continue piling into...

Quantum Commodity Intelligence – Crude and European product futures ended the day broadly flat and the week lower as early gains Friday...

Europe and Asia's diesel market slipped into contango this week for the first time...

Crude oil futures Friday were slightly lower as markets shrugged off Israel's strike against Iran, slumping around $4/b from the initial price surge...

Gasoline hit a ceiling this week in northwest Europe with transatlantic arbs buckling under the weight of increased volumes...

Residual fuel prices continued to see strong performance this week, with a rally in Asian HSFO prices leading the way as falling crude prices...

East-of-Suez crude oil were lower over the week as markets gave back the gains posted during the first half April...

Middle East crude prices were marginally higher Friday as oil markets largely shrugged off Israel's retaliatory strike against Iran, while the wider...

Goldman Sachs nudged its outlook for Brent crude higher on Friday and said prices were likely

Norway's oil output continued to climb through March and pushed back above the 1.8 million bpd mark, while natural gas production...

US refiner Delek has started work on a gasoline-producing fluid catalytic converter (FCC) at its 73,000 bpd Big Spring refinery in Texas...

QatarEnergy has awarded its monthly Al Shaheen tender for June at the highest premiums in six months, with medium sour grades attracting interest...

rude oil futures Thursday were little changed as benchmarks consolidated at lower levels following the previous session's selloff...

Crude futures extended losses on Thursday as Middle East supply risk fades, while European diesel...

Gasoline held in the ARA recorded its steepest decline in about six months this week on higher transatlantic exports...

Kuwait has slightly increased its Official Selling Price (OSPs) for its main export grade loading in May...

The selloff in the Asian gasoil market amid significant oversupply has shown no sign of slowing down, with the front of the paper...

Kazakhstan and Azerbaijan are in negotiations over the possible export of up to 5 million mt per year of crude via Baku to the Black Sea...

An early Easter and the shift to summer schedules for many airlines saw a sharp uplift in the number of European flights...