Latest News
4 Apr 2024
Imperial Oil has begun shutting units at its 120,000 bpd Sarnia refinery for a planned turnaround...
4 Apr 2024
Supplies of LNG are set to be under previous expectations amid reduced availabilities from the US and Mediterranean...
4 Apr 2024
Notional refinery margins for naphtha have dropped to their lowest since last autumn in both Asia and Europe this week
4 Apr 2024
The start of domestic distillate sales from Africa's newest and largest refinery has seen Nigerian...
4 Apr 2024
Middle East benchmark crude posted gains for a fifth session Thursday as Dubai posted fresh five-month highs, while gasoline cracks slipped.
4 Apr 2024
Angola's crude oil output slipped to its lowest since November as the country continues to struggle along near multi-decade lows...
4 Apr 2024
Russia's diesel output fell another 2% in the last week of March, according to national media citing official data...
4 Apr 2024
South Korean refiner S-Oil has become the first firm in the country to receive certification for supplying sustainable aviation fuel via the...
4 Apr 2024
Singapore's middle distillate inventories continued to build last week as falling prices were not enough to tempt buyers to secure additional...
4 Apr 2024
ExxonMobil expects lower oil and gas prices and downtime at its refineries to squeeze first quarter profit...
3 Apr 2024
Crude oil futures Wednesday climbing higher after markets consolidated the firm weekly gains that have lifted prices to five-month highs...
3 Apr 2024
Crude futures were threatening to break through $90/b Wednesday with OPEC+ supply back in focus...
3 Apr 2024
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has not recommended any changes to the producer alliance's current production...
3 Apr 2024
Privately-held US crude inventories were up 3.2 million barrels in the week to 29 March as exports slowed and refinery throughput was a touch...
3 Apr 2024
The UK Parliament committee in charge of measuring progress on green goals has called for the government to bring forward a review...
3 Apr 2024
US gasoline inventories resumed its recent heavy seasonal destocking with a 4.3 million barrel decline...
3 Apr 2024
US distillate fuel stocks fell for a second straight week to hit its lowest point so far this year as exports soared while output fell...
3 Apr 2024
Dubai crude oil prices climbed to five month highs this week, while a tightening in supplies of heavy and medium sour crude...
3 Apr 2024
Exports of crude oil and ultra-low sulphur diesel loadings at its Black Sea and Baltic ports this month...
3 Apr 2024
Relentless weakness in the global gasoil market appeared to take a pause during trade on Wednesday, with cracks recovering in Asia...