Latest News

19 Feb 2024
Chartering costs for the largest class of oil tankers have soared amid a demand surge for VLCCs, with the Red Sea...
19 Feb 2024
Bunker demand in Panama dropped to its lowest level in two-and-a-half years during January as rising refuelling costs combined with the...
19 Feb 2024
Saudi Arabia's crude production edged higher in December but remained below its pledged target of 9 million bpd...
19 Feb 2024
Indian fertiliser and petrochemical company Deepak Fertilisers has struck a 15-year-long liquefied natural gas (LNG) supply...
19 Feb 2024
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...
19 Feb 2024
QatarEnergy has awarded its monthly Al Shaheen tender for April at slightly higher average premiums from the previous month...
19 Feb 2024
The HOGO spread – which measures US diesel against Europe – is at its lowest level in two years...
19 Feb 2024
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...
19 Feb 2024
Nigeria's crude oil output exceeded 1.4 million bpd last month for the first time in nearly three years...
19 Feb 2024
East of Suez crude edged higher Monday as benchmark Dubai neared monthly highs, with oil product margins generally under downward...
19 Feb 2024
Geopolitical risk positioning saw speculators build up bullish positions in the crude market to their highest level in nearly a year last week as...
19 Feb 2024
Australia's LNG exports hit a record high of almost 10 billion cubic metres in December as winter heating demand in the northern...
19 Feb 2024
South Korea is to extend tax cuts on domestic fuel prices again in a bid to...
19 Feb 2024
North American drilling activity was marginally lower during the second full week of February but remains little changed since the start of 2024...
19 Feb 2024
Prices for liquified natural gas in China have retreated sharply during February, amid unseasonal mild temperatures in many regions...
16 Feb 2024
Crude oil futures in Friday were slightly higher amid escalating tensions on Israel's northern border, although this week's IEA report...
16 Feb 2024
Historic low prices for ethanol versus gasoline are incentivising higher ethanol blending rates despite also weak biofuel ticket markets and low price...
16 Feb 2024
Quantum Commodity Intelligence – Brent crude futures inched higher Friday to a new three-month high by the London cash close as Middle East...
16 Feb 2024
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...
16 Feb 2024
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. ...
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