Latest News

Chartering costs for the largest class of oil tankers have soared amid a demand surge for VLCCs, with the Red Sea...

Bunker demand in Panama dropped to its lowest level in two-and-a-half years during January as rising refuelling costs combined with the...

Saudi Arabia's crude production edged higher in December but remained below its pledged target of 9 million bpd...

Indian fertiliser and petrochemical company Deepak Fertilisers has struck a 15-year-long liquefied natural gas (LNG) supply...

Pavilion Energy has completed its first ship-to-ship LNG bunkering in Singapore as it delivered 1,970 mt in a deal completed Monday, the energy...

QatarEnergy has awarded its monthly Al Shaheen tender for April at slightly higher average premiums from the previous month...

The HOGO spread – which measures US diesel against Europe – is at its lowest level in two years...

Margins for refiners selling high sulfur fuel oil into Asia have continued to come off and slumped to their lowest level in three months during trade...

Nigeria's crude oil output exceeded 1.4 million bpd last month for the first time in nearly three years...

East of Suez crude edged higher Monday as benchmark Dubai neared monthly highs, with oil product margins generally under downward...

Geopolitical risk positioning saw speculators build up bullish positions in the crude market to their highest level in nearly a year last week as...

Australia's LNG exports hit a record high of almost 10 billion cubic metres in December as winter heating demand in the northern...

South Korea is to extend tax cuts on domestic fuel prices again in a bid to...

North American drilling activity was marginally lower during the second full week of February but remains little changed since the start of 2024...

Prices for liquified natural gas in China have retreated sharply during February, amid unseasonal mild temperatures in many regions...

Crude oil futures in Friday were slightly higher amid escalating tensions on Israel's northern border, although this week's IEA report...

Historic low prices for ethanol versus gasoline are incentivising higher ethanol blending rates despite also weak biofuel ticket markets and low price...

Quantum Commodity Intelligence – Brent crude futures inched higher Friday to a new three-month high by the London cash close as Middle East...

The restart of Iraq's northern oil pipeline that runs via Turkey will not happen "any time soon," according to a senior official from the Kurdistan...

French utility giant EDF returned to profitability in 2023 after racking up record losses in the previous year, reported France's Le Monde newspaper Friday. ...