Latest News
25 Mar 2025
Vitol's Chief Executive Russel Hardy sees more than enough oil supply to meet global demand in the medium term despite increasingly...
25 Mar 2025
Singapore's front-month marine fuel crack dropped to its lowest level since June as rising crude prices and sluggish bunker demand...
25 Mar 2025
Gunvor's chief executive warned on Tuesday that the global oil market faces potential oversupply over the year ahead as demand struggles to...
25 Mar 2025
Middle East crude markets posted comfortable gains Tuesday after a US threat to clampdown on Venezuelan exports, while marine fuel...
25 Mar 2025
China's crude oil imports from the West of Suez are expected to spike in April as sanctions on Russian energy trade flows dented cargo...
25 Mar 2025
Global oil trade volume has already peaked as countries shift focus to energy independence over foreign reliance, Carlyle Group's Jeff Currie...
25 Mar 2025
Crude oil prices rowed back early gains during trading in European hours on Tuesday, dropping back to flat on the day after the US...
25 Mar 2025
European Union car sales declined in February, led by sharp drops in Germany and Italy, as high interest rates and political uncertainty...
25 Mar 2025
India's fuel oil imports fell to their lowest level in over four years in March as Reliance, the country's biggest private importer, reduced...
24 Mar 2025
The Trump administration has extended the wind-down period for Chevron's E&P activities in Venezuela to 27 May from an earlier target...
24 Mar 2025
Goldman Sachs sees non-OPEC crude production growth contracting by some 300,000 bpd over 12 months...
24 Mar 2025
The US's plans to impose a hefty fee on China-made ships visiting American ports could impact trade in Guyana's and the region...
24 Mar 2025
Crude futures started the week higher as the market weighed Russia-Ukraine peace talks, as well as US tariffs and sanctions...
24 Mar 2025
Countries that buy Venezuelan oil and gas will have to pay a 25% tariff when they conduct deals with US parties from 2 April, President...
24 Mar 2025
A growing list of companies have filed petitions with a federal regulator to protest sweeping changes ...
24 Mar 2025
Russian authorities on Monday accused Ukraine of attempting another drone strike on Caspian Pipeline Consortium (CPC) infrastructure...
24 Mar 2025
Vitol said a pivot in global oil demand is underway, with rising jet and petrochemical use offsetting weaker road fuel consumption...
24 Mar 2025
Vitol's head of investment sees opportunities for refineries this year that can stay competitive amid expectations of further consolidation...
24 Mar 2025
Backwardation in the Singapore 10ppm gasoil curve flattened to levels last seen in December on Monday as major export destinations...
24 Mar 2025
The US government will host two public hearings to get feedback from industries on a proposal to target...