Latest News

16 Apr 2025
The US Army Corps of Engineers (USACE) plans to fast track permit application for a project to relocate...
16 Apr 2025
Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...
16 Apr 2025
Vista Energy has acquired Petronas' 50% stake in Argentina's La Amarga Chica block for $1.5 billion, marking the Malaysian firm's exit from...
16 Apr 2025
European natural gas futures have edged up from multi-month lows this week, although the market remains torn between the impact of tariffs...
16 Apr 2025
The US Treasury has sanctioned another Chinese independent refiner for trading Iranian oil, stepping up efforts to pressure Tehran...
16 Apr 2025
Distillate fuel oil inventories experienced another sharp decline in the United States last week, latest figures from the Energy Information...
16 Apr 2025
US gasoline inventories dropped to fresh 2025-lows last week as West Coast (PADD 5) refinery runs fell back again and domestic demand...
16 Apr 2025
US commercial crude oil inventories registered a third weekly gain despite a drop at the Cushing hub, data published by the EIA revealed...
16 Apr 2025
Global trade will shrink this year as US tariffs and policy uncertainty hit industrial output and cross-border flows, the World Trade Organization...
16 Apr 2025
The international marketing arm of Mexico's state-owned oil company Pemex raised May official selling prices for crudes delivered to...
16 Apr 2025
Nigeria aims to establish a national strategic petroleum products reserve this year, the country's petroleum products regulator said on...
16 Apr 2025
Crude oil futures were easing for a second session amid growing concerns on the impact of global tariffs, particularly the standoff between...
16 Apr 2025
OPEC has issued an updated program for compensation cuts, in which serial overproducers Iraq and Kazakhstan have pledged...
16 Apr 2025
Valero Energy has notified a California regulator of plans to idle, restructure, or cease operations at its...
16 Apr 2025
South Bow has restored service to its Keystone pipeline that was shut last week after it ruptured in...
16 Apr 2025
Swedish demand for biofuels in gasoline dipped in February after hitting a three-month high, while demand for pure renewable diesel also fell...
16 Apr 2025
Barge freight rates in Western Europe hit a ceiling this week as rising water levels and easing supply constraints potentially pave the way for...
16 Apr 2025
European aviation traffic surpassed pre-pandemic levels for a second consecutive week, averaging 30,706 daily flights, Eurocontrol data...
16 Apr 2025
Indonesia is planning to boost imports of crude oil and other energy products from the US as part of a broader push for a new trade agreement...
16 Apr 2025
Middle East crude markets were steady Wednesday as the regional benchmark maintained a healthy premium over Brent, while...
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