Latest News

A rise in Thailand's February gasoil demand helped to lift overall refined products demand in the month to its highest levels in a year, with...

Wednesday's EIA reading of US diesel demand below 3 million bpd was the lowest for any week in April for almost a quarter of a century...

Physical deliveries of low-sulphur gasoil (LSGO) futures in April rose to 2,710 lots at expiry on Thursday...

The diesel EFS continued to narrow during trade on Thursday as spread between Asian and European markets reached the tightest it...

European natural gas prices climbed the top end of the two-month trading range Thursday amid concerns that gas supplies via Ukraine could be disrupted...

OPEC stuck to its bullish view on global oil demand Thursday while trimming its outlook on 2024 supply...

Motiva has been forced to close several units at the largest refinery in the US after adverse weather interrupted power supply...

Asia oil markets resumed Thursday after the midweek break, with crude prices largely steady, while gasoil margins continued to fall as...

A Trafigura-led consortium, Rhone Energies, has entered into exclusive negotiations to acquire ExxonMobil's 140,000 bpd Fos-Sur-Mer refinery...

BP will close at least two units for maintenance at its 94,000 bpd Lingen refinery in Germany next month

Refined product stocks in Singapore hit their highest levels in a year last week as a big build in light end and middle distillate inventories...

IImports of Russian crude oil by Indian refiners declined in March following stricter enforcement of the $60/b price ceiling and narrower discounts for the flagship Urals grade...

OPEC and its allies overshot their production target for a third consecutive month in March, with Iraq and Kazakhstan the primary...

Crude and European product prices were lower Wednesday the US stocks built across the board...

Crude oil futures Wednesday were slightly higher amid uncertainties about prospects for Middle East ceasefire talks, while solid fundamentals...

Japanese refined product inventories were on the rise last week, with weekly figures from the Petroleum Association of Japan (PAJ)...

US producer Occidental Petroleum expects to restart operations in the US Gulf of Mexico that were curtailed...

US gasoline stocks were higher last week on higher imports and a drop in domestic demand...

US crude oil stocks touched a one-year high over the past week as a build in commercial and government-owned stocks were helped by...

US distillate fuel stocks showed a surprise stock build at the start of April as a plunge in domestic deliveries more than offset...