Latest News

8 Mar 2024
East of Suez crude oil prices were slightly higher during the first week of March having flatlined during the second half of February, as continued...
8 Mar 2024
Spain's Cepsa reported a full-year loss Friday as windfall taxes and the decision to divest most of its upstream...
8 Mar 2024
The sell-off in European diesel cracks stalled this week after a month of falls as European refineries entered the maintenance season and Asian prices flatlined.
8 Mar 2024
BP's greenhouse gas emissions rose around 2% overall in 2023 as start-ups of new projects outnumbered the impact of a smaller carbon footprint...
8 Mar 2024
A power failure has shut multiple units at the West Plant of Valero's 370,000 bpd Corpus Christi refinery...
8 Mar 2024
Barge rates to ship goods along the Rhine River have likely bottomed out this week at levels not seen since mid-2021, with...
8 Mar 2024
Marathon Petroleum has restarted multiple units at both its Galveston Bay refinery in Texas and LA refinery...
8 Mar 2024
Middle East oil prices finished the week on a firm footing as benchmark Dubai printed a 2024 high...
8 Mar 2024
The German economy ministry has extended its trusteeship over Rosneft's German assets for a third time...
8 Mar 2024
OPEC and its allies, collectively referred to as OPEC+, failed to fully implement fresh 2024 production cuts for a second month in February...
8 Mar 2024
Stocks of gasoline and diesel held at commercial sites in China rebounded last week as Chinese refiners are...
8 Mar 2024
Chinese state-owned China National Offshore Oil Company (CNOOC) has unveiled a new oil reserve discovery containing...
7 Mar 2024
Quantum Commodity Intelligence – Brent crude futures dipped on Thursday as investors weighed strong Chinese demand at the start of the year...
7 Mar 2024
Sharp builds in jet and fuel oil helped push ARA stocks higher this week...
7 Mar 2024
Three US fuel retailer associations have written a joint letter to the Environmental Protection Agency calling for an emergency waiver allowing...
7 Mar 2024
Crude oil futures Thursday were slightly lower as benchmarks struggled to consolidated the previous-session's gains...
7 Mar 2024
Saudi Arabia has transferred a third tranche of shares in energy giant Saudi Aramco from state ownership to PIF...
7 Mar 2024
European jet fuel markets slipped into a narrow contango this week for the first time in nine months...
7 Mar 2024
The Department of Energy has issued its latest tender to resupply the Strategic Petroleum Reserve (SPR) as is looks to secure 3 million...
7 Mar 2024
An extension of OPEC+ crude oil output cuts a further six months could see oil...
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