Latest News

6 Mar 2024
US crude oil inventories posted a lower-than-expected build for the week ending 1 March, while refined product stocks were lower...
6 Mar 2024
Fuel oil stocks in Fujairah fell back below the 9-million-barrel mark as steady bunker demand persisted in the region, while light end...
6 Mar 2024
Naphtha cracks have reached near one-year highs in Northwest Europe in recent sessions, with physical cash...
6 Mar 2024
Saudi Aramco has increased its Official Selling Price (OSP) for the flagship Arab Light crude loading in April for customers in Asia...
6 Mar 2024
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...
5 Mar 2024
Quantum Commodity Intelligence – Brent crude futures eased on Tuesday and dragged most European product prices lower...
5 Mar 2024
The owner of Africa's newest refinery and the continent's richest man, Aliko Dangote...
5 Mar 2024
Marine fuel cash differentials continued to slide in trade on Tuesday, with the premium buyers were willing to pay to secure spot cargoes from...
5 Mar 2024
Demand for gasoline in Spain likely hit a record high for the month in February...
5 Mar 2024
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...
5 Mar 2024
Disruption to Atlantic product supply is more likely to come from European refinery maintenance...
5 Mar 2024
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...
5 Mar 2024
Crude oil futures in European trading hours Tuesday were marginally lower as benchmarks maintained the softer start to the week...
5 Mar 2024
Middle East oil prices retreated Tuesday with the bounce from the extended OPEC+ cuts proving short-lived, while gasoline cargoes were bid...
5 Mar 2024
Cross-industry consensus for European natural gas prices remains downcast with growing expectations that the eurozone can...
5 Mar 2024
The much delayed Trans Mountain Expansion (TMX) pipeline will likely begin line-fill in April in preparation for the start of exports...
4 Mar 2024
Quantum Commodity Intelligence – Brent futures started the week lower as traders reacted to a largely expected and priced-in OPEC+ output cut extension...
4 Mar 2024
Crude oil futures were slightly lower Monday as benchmarks consolidated close to 2024 highs after OPEC+ confirmed that current...
4 Mar 2024
US natural gas prices rebounded Monday as a second gas producer, EQT, announced output reductions...
4 Mar 2024
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...
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