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East of Suez oil crude markets resumed the March uptrend as prices consolidated near five-month highs, while gasoil cracks continued to fall to...

Japan's largest oil refiner Eneos Corp has shut one of the crude distillation units at its Kawasaki refinery on the outskirts of...

China's biggest oil producer PetroChina is to produce less crude oil in 2024 amid...

Vietnam's biggest oil refiner Nghi Son Refinery and Petrochemical will further increase its operating capacity to ensure...

Crude oil futures were climbing higher at the start of the week on reports that Russia was set to rein in Q2 production..

Crude prices were back testing recent highs Monday on reports Russia has been forced to reign in oil production...

Iraq's northern oil pipeline that runs via Turkey is likely to remain shut for the foreseeable future with interested parties still unable...

Moscow has ordered Russian oil producers to rein in production with combined output set to be capped at 9 million bpd to ensure...

Refining margins for gasoil in Asia slipped to fresh eight-month lows during trade on Monday as export supply from South Korea continued to...

Qatar is set to expand its LNG tanker fleet by another 25 vessels to cement its position as the world's largest transporter...

Summer-grade Eurobob oxy gasoline barges were still trading nearly $70/mt over winter grades Monday...

TotalEnergies was forced to shut a reformer and crude units at its troubled Port Arthur refinery in Texas...

Shell was working to restore power Monday at its Deep Park chemicals plant in Texas...

Middle East oil crude markets opened the week marginally higher as prices consolidated close to 2024 high, while gasoil margins continued to slump...

Ukrainian drone strikes on Russia's oil processing infrastructure resumed over the weekend...

North American oil and gas producers eased back as continued low natural gas prices led to further cutbacks...

Speculative net length in the global crude oil market hit its highest levels since October last week as geopolitical risk and OPEC+ supply...

China's state-owned energy giant Sinopec is aiming to increased the production of refined products by 2% in 2024, despite a drop in 2023 annual profits...

Crude oil futures in European hours Friday were little changed, although the selloff that started Wednesday eroded most of the early-week gains...

Quantum Commodity Intelligence – Crude futures were little moved Friday, ending the week flat as profit-taking and concerns...