Latest News

12 Apr 2024
ICE Brent crude futures were $0.46/b up on the day to $90.44/b by the London cash close...
12 Apr 2024
US natural gas prices were under pressure again the week ending 12 April amid ample stocks, mild weather and lower LNG exports...
12 Apr 2024
Independent commodity trader Gunvor is set to use windfall trading profits from the last two years to leverage into assets...
12 Apr 2024
China could be considering a large second batch of oil product export quota as rising gasoline prices...
12 Apr 2024
Operations have restarted on the Caspian Pipeline Consortium (CPC)'s Tengiz-Novorossiysk line after two days of maintenance, the company...
12 Apr 2024
EU lawmakers have rubber-stamped new rules that would allow member states to ban imports of Russian LNG, although it is unclear whether...
12 Apr 2024
Trade in of heavy Canadian crude oil from the Pacific has picked up, coming ahead of exports starting via the Trans Mountain Expansion...
12 Apr 2024
A collapse in diesel helped push gasoline refinery margins to the top of the barrel in Europe this week for the first time this year,
12 Apr 2024
European diesel refining margins hit fresh nine-month lows this week amid soft demand...
12 Apr 2024
Marine fuel prices remained under pressure through the week amid ample global supply, with the spread to HSFO prices narrowing as...
12 Apr 2024
East-of-Suez crude oil largely flatlined over the week, as a renewed spike in geopolitical tensions were largely offset global inflationary concerns...
12 Apr 2024
Middle East crude prices finished the week marginally lower on the day but holding at the top end of the 6-month trading range, while...
12 Apr 2024
Abu Dhabi National Oil Company (Adnoc) recently eyed BP as a takeover target, according to news agency Reuters, in a move that highlights...
12 Apr 2024
China's refined oil product export rose sharply last month against a backdrop of higher crude oil imports and ample export quotas, the...
12 Apr 2024
Zefiro, a Miami-based company that plugs orphaned oil and gas wells and earns the methane reductions as carbon credits...
12 Apr 2024
The IEA cut its 2024 oil demand forecast by 130,000 bpd on Friday after a weaker-than-expected first quarter, followed by another...
11 Apr 2024
Brent futures snapped three straight sessions of losses on Thursday after OPEC delivered...
11 Apr 2024
Crude oil futures Thursday were slightly lower as benchmarks eased from earlier highs with inflationary fears offsetting...
11 Apr 2024
The EU Parliament has voted in favour of a draft law almost entirely phasing out trucks and lorries powered by conventional engines by 2040...
11 Apr 2024
Diesel and jet fuel held in the ARA region both hit their highest since last June this week amid soft inland demand...
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