Latest News
27 Mar 2024
East of Suez oil markets eased back slightly Wednesday as the March trading cycle wound down ahead of the long weekend, while jet...
27 Mar 2024
Independent producer Ithaca Energy has received a four-week exclusivity period from Italy's Eni...
27 Mar 2024
ExxonMobil will shut its 250,000 bpd Joliet refinery in Illinois for a major turnaround expected to last around 50 days...
27 Mar 2024
Japan's oil refining major Idemitsu Kosan and leading petrochemical company Mitsui Chemicals are planning to wind down some of their joint...
27 Mar 2024
Colonial Pipeline has frozen nominations for cycles 15 and 16 into the Curtis Bay section of the Port of Baltimore...
27 Mar 2024
Stocks of refined oil products in the Middle Eastern storage and bunkering hub of Fujairah pulled back from eight-month highs seen...
27 Mar 2024
US crude oil inventories posted a sharp rise for the week ending 22 March, although gasoline stockpiles continued to decline...
27 Mar 2024
Refined product stocks in Japan dropped for the fourth consecutive week to hit the lowest level in a year led by...
26 Mar 2024
Crude futures were broadly flat Tuesday, holding near recent highs, as the market continued...
26 Mar 2024
The Asia naphtha-propane spread widened to its highest levels in 11 months during trade on Tuesday, with big supply of US gas continuing...
26 Mar 2024
India's government has reached an agreement with UAE energy company Adnoc that will allow the oil and gas giant to export crude oil...
26 Mar 2024
The former chief of Glencore's oil trading division has lost his battle with UK government over the tax rate on £150 million worth of payments...
26 Mar 2024
Thailand's crude imports slowed to just 992,000 bpd in February as unscheduled maintenance at the Sriracha refinery cut consumption...
26 Mar 2024
Crude oil futures Tuesday were steady as markets consolidated the previous session's 1.5% gains, with OPEC+ set to keep a lid...
26 Mar 2024
Vessel traffic in and out of the Port of Baltimore was suspended Tuesday until further notice after...
26 Mar 2024
The 27.5% stake in Russia's Sakhalin-2 LNG project previously owned by energy major Shell is set to be transferred to state-run Gazprom...
26 Mar 2024
Energy trading giant Vitol saw its 2023 revenues fall over 20% on the year as volatility in the market pulled back from unprecedented highs...
26 Mar 2024
Mexico's refined product output reached its highest in at least four years last month, Pemex data showed Tuesday...
26 Mar 2024
Goldman Sachs reiterated its bullish view on diesel Tuesday with up to 900,000 bpd of Russian refinery capacity offline because of Ukrainian...
26 Mar 2024
Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in June at parity with the average...