Latest News

US crude oil inventories posted a lower-than-expected build for the week ending 1 March, while refined product stocks were lower...

Fuel oil stocks in Fujairah fell back below the 9-million-barrel mark as steady bunker demand persisted in the region, while light end...

Naphtha cracks have reached near one-year highs in Northwest Europe in recent sessions, with physical cash...

Saudi Aramco has increased its Official Selling Price (OSP) for the flagship Arab Light crude loading in April for customers in Asia...

Jet fuel stocks in Japan sank during the week ending 2 March as product output slipped due to the recent wave of refinery turnarounds with...

Quantum Commodity Intelligence – Brent crude futures eased on Tuesday and dragged most European product prices lower...

The owner of Africa's newest refinery and the continent's richest man, Aliko Dangote...

Marine fuel cash differentials continued to slide in trade on Tuesday, with the premium buyers were willing to pay to secure spot cargoes from...

Demand for gasoline in Spain likely hit a record high for the month in February...

A Russian oil depot has been hit in the Belgorod region and a fire started after a Ukrainian drone attack that marks the first successful strike...

Disruption to Atlantic product supply is more likely to come from European refinery maintenance...

India's Reserve Bank has asked state-owned refiners to push Middle East Gulf crude oil suppliers to accept at least 10% of payments in rupees...

Crude oil futures in European trading hours Tuesday were marginally lower as benchmarks maintained the softer start to the week...

Middle East oil prices retreated Tuesday with the bounce from the extended OPEC+ cuts proving short-lived, while gasoline cargoes were bid...

Cross-industry consensus for European natural gas prices remains downcast with growing expectations that the eurozone can...

The much delayed Trans Mountain Expansion (TMX) pipeline will likely begin line-fill in April in preparation for the start of exports...

Quantum Commodity Intelligence – Brent futures started the week lower as traders reacted to a largely expected and priced-in OPEC+ output cut extension...

Crude oil futures were slightly lower Monday as benchmarks consolidated close to 2024 highs after OPEC+ confirmed that current...

US natural gas prices rebounded Monday as a second gas producer, EQT, announced output reductions...

Iraq's oil exports rose 3% on the month in February to 3.43 million bpd, the Sunday figures showed, data from the State Organization...