Latest News

23 Feb 2024
A fire at a 580,000 bpd refinery operated by S-Oil in South Korea has been extinguished, according to local media reports...
23 Feb 2024
Iraq has reopened the 150,000 bpd Baiji refinery a decade after it was forced to close when militants...
23 Feb 2024
East of Suez crude markets eased slightly Friday but ended the week little changed, with that move helping to support distillate refining margins...
23 Feb 2024
The proposed merger deal between the chemical divisions of Adnoc and OMV have stalled with the two sides running into a number of disagreements...
23 Feb 2024
Commercial stocks of road fuel in China jumped after the end of the Lunar New Year holiday period with...
23 Feb 2024
The cash premium for fuel oil prices in China plunged following the end of the Lunar New Year holiday as...
22 Feb 2024
Crude oil futures Thursday were edging higher, as benchmarks moved to the upper reaches of the recent range...
22 Feb 2024
Spanish energy company Repsol said Thursday it has delayed making final investment decisions (FIDs) on several green hydrogen projects...
22 Feb 2024
Brent futures were back testing recent highs on Thursday as the latest US stock report showed a smaller-than-expected...
22 Feb 2024
US distillate fuel stocks slumped to their lowest since December last year as domestic deliveries to their highest so far this year while...
22 Feb 2024
Scotland's Economy minister offered little hope Thursday the government would step in to save
22 Feb 2024
Last week's build in US crude oil inventories fell short of market expectations, even as stocks topped a two-month high...
22 Feb 2024
US gasoline stocks were flat last week as sharp draws in the Midwest and Gulf Coast...
22 Feb 2024
Indian crude imports hit their highest level since May 2022 last month as strong domestic demand and a healthy export slate continuing to...
22 Feb 2024
Gasoline held in the ARA region fell this week for the first time in a month, while diesel slipped back...
22 Feb 2024
Dubai's has set the OSP for Dubai crude loading in May at parity...
22 Feb 2024
Repsol confirmed its commitment to sustainable aviation fuel (SAF) amid plans to increase renewable fuel production by 70% by 2027...
22 Feb 2024
Premiums for North Sea physical crude have rallied following delayed repair work that will restrict oil supplies to the UK Grangemouth refinery...
22 Feb 2024
Jet fuel cracks in Singapore slid to their lowest levels since July during trade on Thursday, with the end of the Lunar New Year travel period...
22 Feb 2024
Spanish energy company Repsol said Thursday that it expected refining margins...
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