Latest News

5 Apr 2024
Residual fuel refining margins came off through the week as crude prices rallied to fresh highs...
5 Apr 2024
Trading giant Trafigura has announced a management shakeup after two long-standing executives announced retirement plans...
5 Apr 2024
East-of-Suez crude oil prices ended the week sharply higher as benchmark Dubai surged to five-month highs on escalating geopolitical tensions...
5 Apr 2024
Refining margins for diesel in Europe rose this week, opening an arb for Asia...
5 Apr 2024
Saudi Aramco has increased its Official Selling Price (OSP) for the flagship Arab Light crude loading in May...
5 Apr 2024
Gasoline blending economics received a sharp boost this week from a collapse in naphtha values in both Europe and Asia...
5 Apr 2024
Middle East benchmark Dubai crude surged past $90/b Friday for the first time since October, while gasoline margins remained under downward...
5 Apr 2024
Quantum Commodity Intelligence – Indonesia's crude oil and natural gas output in the first quarter of this year dropped below...
5 Apr 2024
The world's largest LNG trader Shell said it expects sharply lower earnings from the unit in the first quarter...
5 Apr 2024
TotalEnergies began restarting an unspecified unit Friday at its 216,000 bpd Donges refinery on the French Atlantic coast...
5 Apr 2024
The 2024 Atlantic hurricane season is expected to bring high levels of storm activity as the La Niña weather system fuels record sea temperatures...
5 Apr 2024
An unexpected suspension of offshore drilling rigs in Saudi Arabia is having a big knock-on effect on the business of China's state-owned drilling...
5 Apr 2024
Crude oil futures  Friday surged to fresh 2024 highs as an escalation in geopolitical tensions lifted weekly gains to over 5%...
4 Apr 2024
Crude oil futures surged to fresh five-month high Thursday as late rally lifted Brent above $90/b for the first time since October...
4 Apr 2024
A senior US government official said that Washington has not asked India to reduce Russia crude oil imports, but reiterated that unrestricted...
4 Apr 2024
Crude futures were slightly lower Thursday but remained close to recent highs above $89/b as the market weighed...
4 Apr 2024
Ship-to-ship oil loadings have restarted on the Black Sea outside the port of Batumi, with parcels of Kazakh dirty products set to load monthly...
4 Apr 2024
The marine fuel east-west has slipped to its lowest level in eight months after a big month of arrivals from Europe, with analysts pointing to a...
4 Apr 2024
European natural gas prices have consolidated at the lower end of the recent tight trading range, as the continent emerges from the winter season...
4 Apr 2024
Diesel held in the ARA region hit its highest since last June this week as arrivals from east of Suez remained high...
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