Latest News

9 Apr 2024
Religious holidays in both the biggest exporting and importing nations has seen key...
9 Apr 2024
Iraq is in the process of repairing an oil pipeline to export crude to Turkey, which could act as an alternative to the Kirkuk-Ceyhan pipeline...
9 Apr 2024
The spot contract price for liquified natural gas cargoes booked by Japanese utility companies was released...
9 Apr 2024
Global oil markets are set to tighten in the second half 2024, which could in turn constrain demand unless OPEC starts unwinding production cuts...
8 Apr 2024
Crude oil futures started the week lower amid hopes of a de-escalation in the Gaza conflict, after Israel and Hamas resumed ceasefire talks...
8 Apr 2024
European gasoil and diesel refining margins eased at the start of the week after touching three-week highs at the end of last week...
8 Apr 2024
Azerbaijan produced 7.3 million mt of crude oil during the first three months of the year, equivalent to around 585,000 bpd and down...
8 Apr 2024
Weakness in the Asian marine fuel 0.5% sulfur market showed little sign of slowing during trade Monday, with the spread between low...
8 Apr 2024
raq's State Oil Marketing Organization (SOMO) has lifted Official Selling Prices (OSP) on its key export grade for Asia in May...
8 Apr 2024
Goldman Sachs said Monday that Brent crude prices are unlikely to reach $100/b in the near term, with most of the upside risk already...
8 Apr 2024
Refinery operations at another Russian refinery were halted over the weekend as widespread flooding across the region stopped work...
8 Apr 2024
Mexico's Pemex has activated emergency protocols at one of its oil production platforms in the offshore Cantarell production complex...
8 Apr 2024
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude seen higher...
8 Apr 2024
ExxonMobil's 191,000 bpd refinery at Botlek Rotterdam was hit by a naphtha leak during the planned restart of the...
8 Apr 2024
Middle East oil prices opened the week lower amid ceasefire talks on the Gaza conflict, while marine fuel remained under downwards pressure after...
8 Apr 2024
North American drilling activity eased for a third consecutive week, albeit marginally with gas drill rigs accounting for the losses...
8 Apr 2024
Commercial stocks of gasoline and diesel in China further slid last week to touch the lowest point since the summer holiday last year as...
8 Apr 2024
Diesel demand in India rose to the highest level on record in March, according...
8 Apr 2024
Net speculative length on the world's two most liquid crude oil contracts surged to...
5 Apr 2024
Quantum Commodity Intelligence – Brent crude notched up another weekly gain with prices through $90/b Friday for the first time since last October...
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