Latest News

16 Feb 2024
East-of-Suez crude prices closed higher for a second week amid rising tensions in the Middle East and effective closure of the Red Sea to commercial shipping...
16 Feb 2024
Oil product output in Malaysia in December fell to a five month low at the end of...
16 Feb 2024
Marine fuel cracks remained elevated around the world through the week as elevated bunker demand due to vessels avoiding the Red Sea...
16 Feb 2024
The viability of Eni's downstream business was under scrutiny Friday after the division swung to a fourth-quarter loss...
16 Feb 2024
Refining margins for diesel in northwest Europe slid for the first time since early...
16 Feb 2024
Gasoline hit fresh highs this week in Europe and Asia as refinery disruptions help push cracks to levels...
16 Feb 2024
Dubai crude rebounded Friday to catch up with Brent losses after Asian markets had closed on Friday, while gasoil cracks continued to pull...
16 Feb 2024
Bunker fuel sales in Fujairah were up 2% on the month in January to a five-month high of 679,000 cubic metres as vessel rerouting away from...
16 Feb 2024
Petroineos has started routine maintenance work at its 150,000-bpd refinery in Grangemouth..
16 Feb 2024
TotalEnergies has restarted its Port Arthur refinery nearly two weeks after a failed initial attempt to bring
16 Feb 2024
Hundreds of workers at Marathon Petroleum's 140,000 bpd Detroit refinery will down tools...
16 Feb 2024
Japan's largest crude refiner Eneos has halted operations of a crude distillation unit (CDU) with a capacity of 153,000 bpd at...
16 Feb 2024
South Korea's crude oil imports continued their upward run in January as the country scrambled for supplies due to ongoing tensions in the...
15 Feb 2024
Crude futures edged higher Thursday as the IEA hiked its supply forecast for 2024 but kept demand relatively flat...
15 Feb 2024
Crude oil futures were little changed Thursday after initially extending the previous session's losses following the steep build in US crude stocks...
15 Feb 2024
Refined products held in storage in the ARA region climbed across the board this week...
15 Feb 2024
US independent PBF Energy reported a surprise fourth quarter loss on Thursday...
15 Feb 2024
A fire was reported at ExxonMobil's Rotterdam refinery on Thursday, a few days after company began...
15 Feb 2024
Norway's Equinor shut its 226,000 Mongstad refinery on Thursday because of a fire, local police have confirmed...
15 Feb 2024
US energy firm Chesapeake has signed a tripartite agreement whereby it will purchase liquefied natural gas from Delfin LNG LLC...
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