Latest News

Quantum Commodity Intelligence – Stocks of refined oil products in Japan dropped for the second consecutive week as local refiners curbed...

Crude oil futures Tuesday were were little changed as benchmarks continued to trade within the month's relatively tight range, while the latest robust forecast from...

Crude futures traded largely sideways again on Tuesday as the market shrugged...

Spain's refineries ran more crude than at any point in the last 18 months in January, official Cores...

The UK will need additional gas-fired power generation to replace capacity set to be phased out, according to Prime Minister Rishi Sunak...

Germany energy company Uniper and energy firm Phillips 66 announced plans to build a green electrolyser near the Humber Refinery in the northeast of England to lower...

OPEC has stuck with its upbeat outlook on 2024 demand, seeing growth at more than 2 million bpd...

Maintenance work at Europe's largest refinery is still only half-way complete nearly two months into a full turnaround...

US biofuels trade association Growth Energy called for the sale of E15 gasoline in California Monday, and welcomed recent data showing sales...

Drone strikes have shut at least one unit at Lukoil's 300,000 bpd Norsi refinery in Nizhny Novgorod...

East-of-Suez oil prices were higher as Tuesday as benchmark Dubai led the gains, pulling up prices for diesel and gasoline...

Goldman Sachs has recommended its clients go long diesel margins, seeing a constrained refining system...

Kuwait has slightly increased its OSPs for its main export grade loading in April...

Quantum Commodity Intelligence – The gasoil sulfur spread in Asia has continued to narrow amid a large influx of Indian and Middle Eastern supply of low-sulfur products...

A fire Monday at ExxonMobil's 240,000 bpd Port-Jérôme-Gravenchon refinery started at a gasoline distillation unit...

WTI Midland has cemented its position as a key component of the Dated Brent market, with more than 100 cargoes of the US export grade nominated...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums...

Quantum Commodity Intelligence – Azerbaijan's crude oil output continued to slide in February while exports also fell...

Fuel facilities in the Nizhny Novgorod and Oryol regions in Russia were on fire on Tuesday after...

The US confirmed its place as the world's top crude oil producer for a sixth successive year...