Latest News
15 Feb 2024
Refining margins for global distillates were set for the lowest level since early February...
15 Feb 2024
Norwegian oil company Equinor has awarded a contract to engineering firm Aker Solutionsr...
15 Feb 2024
The IEA held its 2024 outlook for oil demand steady on Thursday while narrowly lifting its view on global supply...
15 Feb 2024
Middle East oil prices dropped for the first time in more than a week after the...
15 Feb 2024
Bunker sales pulled back at the world's biggest bunkering hub in January, with data from Singapore showing a drop in HSFO demand...
15 Feb 2024
Middle distillate inventories in Singapore were up 36% over the past week to their highest levels since November, while fuel oil stocks were...
15 Feb 2024
Goldman Sachs has widened its 2024 outlook for spread differentials between benchmark crude grades, primarily as a result of...
15 Feb 2024
Oman's Duqm Refinery has already reached its nameplate capacity of 230,000 bpd and could add a further 5%-10%...
15 Feb 2024
Nigeria's Dangote oil refinery has sold its first-ever oil product cargo in a landmark move for...
15 Feb 2024
Refined oil product stocks in Japan further retreated to the lowest level since last summer amid...
14 Feb 2024
Brent crude futures fell Wednesday for the first time in more than a week as attention turned back to US supply...
14 Feb 2024
US gasoline stocks fell more than 3 million barrels for the second week as domestic processing slumped...
14 Feb 2024
US distillate fuel stocks dropped for a fourth consecutive week in the first full week of February as refineries saw crude throughputs...
14 Feb 2024
Crude oil futures in European hours Wednesday were little changed after mixed inventory data from the API, while the latest US inflation report...
14 Feb 2024
US crude inventories saw a 3% build last week to leave stocks at their highest levels since mid-December at 439.5 million barrels, weekly...
14 Feb 2024
Processing of natural gas condensates at Novatek's Ust-Luga refinery on the Baltic Sea restarted this week after three weeks of...
14 Feb 2024
lobal liquefied natural gas demand is expected to rise more than 50% by 2040, leading exporter Shell said Wednesday
14 Feb 2024
Spain's Repsol has shut a gasoline-boosting reformer at its 220,000 bpd Bilbao refinery in the north of the country...
14 Feb 2024
Gasoline refinery margins are at their steepest since the end of last summer's driving season in northwest Europe...
14 Feb 2024
Gasoline cracks in Asia continued to rise in trade on Wednesday and hit their highest levels since July as a series of refinery shutdowns...