Latest News

7 Mar 2024
Middle East oil prices edged higher Thursday for a second session as Dubai consolidated close to 2024 highs, while high sulfur fuel oil margins...
7 Mar 2024
One Iran's largest refineries, located at Banda Abbas in the south of the country, has been rocked by a blast...
7 Mar 2024
BP has announced plans to shut or convert several units at its Gelsenkirchen refinery next year that will reduce processing capacity by around a third...
7 Mar 2024
Fuel oil inventories in Singapore slid to their lowest levels in three months this week as strong bunker demand continued, while light end...
7 Mar 2024
TotalEnergies was restarting multiple units Thursday at its 216,000 bpd Donges refinery on the French Atlantic coast...
7 Mar 2024
ExxonMobil has started the legal progress in a bid to acquire the rights to Hess's prized assets in Guyana...
7 Mar 2024
Quantum Commodity Intelligence – South Korea's top petrochemical crackers are in the process of shrugging off their loss-making cracking facilities to pave the way for...
7 Mar 2024
Quantum Commodity Intelligence – China's crude oil imports in the first two months of 2024 rose slightly year on year while...
6 Mar 2024
Crude oil futures Wednesday were climbing higher as prices staged a midweek rebound...
6 Mar 2024
Crude futures were back testing $84/b on Wednesday on a modest build in US crude inventories and a slowdown...
6 Mar 2024
India's refined product demand was sharply higher on the year in February, official data showed Wednesday...
6 Mar 2024
Nigeria's Dangote refinery has secured a second cargo of US WTI Midland crude...
6 Mar 2024
US distillate fuel stocks tumbled for a seventh straight week to hit a fresh two-month low at the start of March as domestic...
6 Mar 2024
US gasoline stocks fell by the most in four months last week, EIA data showed Wednesday...
6 Mar 2024
Privately held US crude oil stocks touched a four-month high this week as weekly stocks data from the EIA showed inventories...
6 Mar 2024
The UK extended the tax on oil and gas firms by 12 months on Wednesday...
6 Mar 2024
The number of passengers screened at US airports is up around 8% for the year so far...
6 Mar 2024
An environmental lobby group has called on Shell to take responsibility for cleaning up decades of pollution before it withdraws from...
6 Mar 2024
Gasoil cracks in Asia slipped to a fresh 8-month low during trade on Wednesday as the recent losing run in the market continued coming out...
6 Mar 2024
Middle East oil prices edged higher Wednesday as markets steadied following early-week losses, while gasoil margins continued to slide...
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