Latest News

East-of-Suez crude oil prices ended the week at fresh four-month highs as crude...

High-sulfur and low-sulfur fuel prices in both Asia and Europe shrugged off the bearish signals at the start of the week, recovering strongly...

Canadian refiner Suncor has begun shutting down units at its 85,000 bpd Sarnia refinery for planned maintenance...

Ukrainian drones damaged a fourth Russian refinery in as many days with an attack Friday...

The US is set to buy an additional 3 million barrels of crude US SPR as maintenance is completed at one of the four sites

Quantum Commodity Intelligence – Australian mining group Fortescue has completed the world's first ammonia bunkering for...

South Korea imported less crude oil in February compared to the previous month as...

Crude oil futures Thursday were again higher, extending the previous session's sharp gains as benchmarks broke to the upside...

Brent crude futures rose above $85/b Thursday for the first time in four months on a more bullish...

Energy consultancy Wood Mackenzie reiterated its bearish outlook for European natural gas market prices, citing a successive mild winters...

Russia has flagged the likelihood of an increase in crude oil exports, coming after a spate of attacks on its refining infrastructure this week...

Diesel held in the ARA region reached its highest since last August this week as arrivals picked up...

trikes announced by the Central Organisation of Finnish Trade Unions (SAK) will affect the distribution of fuels from Neste's 200,000 bpd Porvoo...

Shell on Thursday cut its 2030 greenhouse gas emissions intensity reduction target to 15%-20% from a previous 20%...

East-of-Suez crude oil prices ramped up to fresh four-month highs Thursday...

Russia's energy ministry issued a statement Thursday that it has enough domestic fuel supply to avoid shortages

he US Department of Energy has awarded contracts to purchase another 3.25 million barrels of US-produced crude for its Strategic Petroleum Reserve...

China is on track to bring more propane dehydrogenation (PDH) plants online this year, adding...

The International Energy Agency (IEA) added another 110,000 bpd to its 2024 global oil demand forecast Thursday...

Valero is the latest refiner to bring back capacity in the US Gulf, after restarting its 235,000 bpd Port Arthur...