Latest News

10 Apr 2024
European product stocks reached a 13-month high in April, led by middle-distillates, with refinery crude intakes...
10 Apr 2024
Mexico's crude oil exports are likely to be further curtailed after a platform fire at the ailing Cantarell complex in the Gulf of Mexico...
10 Apr 2024
A wide premium over feedstock naphtha has improved economics for shipping gasoline out of northwest Europe in the last week or so...
10 Apr 2024
The Energy Information Administration (EIA) expects US crude oil production to grow steadily for the balance of 2024 and into 2025, while natural gas output...
10 Apr 2024
Owners of the 120,000 bpd Orsk refinery in Russia, Forteinvest, have declared force majeure on fuel supply...
10 Apr 2024
US crude oil inventories posted an above-expectations increase for the week ending 5 April, while gasoline and distillate stockpiles were mixed...
10 Apr 2024
Residual fuel oil stocks fell to a two-month low last week while a build-up in middle distillate inventories showed little sign of slowing...
9 Apr 2024
Crude oil futures Tuesday were drifting lower despite Israel and Hamas so far failing to reach terms for a ceasefire at the latest talks...
9 Apr 2024
Global oil consumption is continuing to grow and will hit a record 102.9 million bpd this year due to demand growth led by China and India, the...
9 Apr 2024
European diesel and gasoil refiner margins eased for a second straight day, falling back to their lowest level so far this year...
9 Apr 2024
OPEC+ missed its crude production target by around 270,000 bpd in March, according to the latest survey from Argus Media...
9 Apr 2024
The fall in natural gas and crude oil prices during the first quarter of 2024 and the unplanned outage at its Whiting refinery...
9 Apr 2024
Crude prices are likely to hold in the $80-$100/b during 2024, underpinned by healthy demand growth, OPEC+ cuts and geopolitical risk...
9 Apr 2024
Refinery throughput levels continued to fall for Austrian refiner OMV during the first three months of the year, although falling crude prices...
9 Apr 2024
Vietnam's crude imports hit 1.1 million mt in March and were up 22% on the month and 52% compared to the same time last year, with...
9 Apr 2024
The world's largest independent oil trading company chalked up profits of $13 billion in 2023, its second highest on record...
9 Apr 2024
Gasoline cracks in Asia continued to slide during trade on Tuesday to touch their lowest levels since the start of the year, with firm crude prices...
9 Apr 2024
Crude loadings from the Caspian Pipeline Consortium's export pipeline from Kazakhstan to the Black Sea have been halted for 72 hours...
9 Apr 2024
Middle East crude oil prices resumed the upward trend Tuesday amid faltering ceasefire talks on the Gaza conflict...
9 Apr 2024
Spanish gasoline demand hit a fresh 16-year high in February while diesel demand shrank on the year to its lowest since the...
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