Latest News

17 Apr 2024
Bunker fuel loadings at the Emirati port of Fujairah have been delayed after the UAE was hit by its hardest rainfall in records stretching...
17 Apr 2024
Saudi Arabia's production and exports of crude oil were slightly higher over the month in February...
17 Apr 2024
Middle East crude prices were marginally higher Wednesday as traders continued to wait for Israel's response to Iran, while the products...
17 Apr 2024
European diesel markets are teetering on contango this week with arrivals from both Atlantic and east of Suez suppliers...
17 Apr 2024
China's market watchdog hiked the price ceilings for domestic gasoline and diesel for the second...
17 Apr 2024
Motiva's Port Arthur refinery is back to full production around a week after a storm knocked out the power at the Texas plant...
17 Apr 2024
US crude oil inventories posted an above-expectations increase for the week ending 12 April, while gasoline and distillate stockpiles registered declines...
17 Apr 2024
Refined product stock levels in were up 7% on the week in Fujairah, with data from the Middle East's primary storage hub showing a net build of...
17 Apr 2024
The oil product stocks build in Japan continued for the second consecutive week with the overall inventory level hitting...
16 Apr 2024
Crude oil futures Tuesday were little changed with all eyes on Israel, after senior officials indicated it was preparing a response...
16 Apr 2024
Brent crude futures were back above $90/b on Tuesday as attention remained focused..
16 Apr 2024
The United States is preparing to rollout a fresh round of sanctions aimed at Iran, although Washington may stop short of directly targeting oil sales...
16 Apr 2024
Repsol has restarted a diesel unit at its 220,000 bpd Bilbao refinery, its operator and subsidiary Petronar said Tuesday...
16 Apr 2024
US natural gas output from onshore shale basins will  decline further over the short-term as producers continue to trim production...
16 Apr 2024
European natural gas prices surged to three-month highs Tuesday as heightened geopolitical tensions saw prices break to the upside...
16 Apr 2024
Weakness in the Asian middle distillate markets has persisted this week, with cracks for both gasoil and jet fuel cracks slipping to their...
16 Apr 2024
Total crude throughput by Chinese refiners in March rose to the highest point since October last year as domestic demand...
16 Apr 2024
Japan's largest utility and top LNG importer has signed a 10-year term deal with Oman...
16 Apr 2024
Naphtha is pointing east again from northwest Europe as the region struggles to absorb supplies that were pushed...
16 Apr 2024
East of Suez oil prices edged higher Tuesday as Middle East tensions continued to dominate, while the weakness in middle distillates persisted...
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