Latest News

18 Apr 2024
The UAE's flagship light sweet Murban crude has been setting the Middle East Dubai benchmark since the start of April, reflecting the global crunch on heavier barrels...
18 Apr 2024
Japanese petrochemical output fell last month as maintenance and sluggish manufacturing activity...
18 Apr 2024
Middle East crude prices were sharply lower Thursday as Dubai caught up with Brent losses after Asian markets had closed Wednesday...
18 Apr 2024
European sales of hybrid electric cars reached a record high last month, data from industry association ACEA showed Thursday...
18 Apr 2024
Russia's gasoline output was back to levels last seen in early March, before Ukrainian drone strikes crippled some domestic processing sites...
18 Apr 2024
China's jet fuel exports surged last month to the highest level in nearly four years as domestic...
18 Apr 2024
A big drop in light end and middle distillate stock levels in Singapore offset a build in fuel oil stocks, with trade figures showing a big...
18 Apr 2024
The US State Department is to reimpose sanctions on Venezuela's oil industry, after the government of President Nicolas Maduro failed to uphold commitments...
18 Apr 2024
China's gasoline and kerosene output soared in March on the back of robust holiday demand in...
17 Apr 2024
Crude oil futures Wednesday were sharply lower on hopes of a de-escalation in Middle East tensions which in turn was seen eroding the risk premium...
17 Apr 2024
Crude futures were lower Wednesday as Middle East tensions waned and attention turned to another US stock build...
17 Apr 2024
Petroineos will start unspecified routine maintenance at its 150,000 bpd refinery in Grangemouth from Thursday
17 Apr 2024
Further releases of crude from the US Strategic Petroleum Reserve (SPR) have not been ruled out...
17 Apr 2024
US gasoline stocks resumed their seasonal decline last week, driven lower by a sharp draw on the West Coast...
17 Apr 2024
US distillate stocks fell to a four-month low in the seven days through 12 April...
17 Apr 2024
US commercial crude stocks hit their highest levels since June last week, with data from the Energy Information Administration...
17 Apr 2024
High sulfur fuel oil cash differentials in Asia have crept back toward positive territory for the first time since January, with the physical...
17 Apr 2024
US crude refiner Meridian Energy Group has announced that its refinery under construction in North Dakota will achieve the net-zero...
17 Apr 2024
Deliveries of WTI Midland declined in the Platts MOC Dated Brent window during March, although the US flagship export grade remained the largest single grade...
17 Apr 2024
The US State Department looks set to reimpose sanctions on Venezuela's oil industry Thursday, barring a last-minute deal, with both sides...
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