Latest News

Refining margins for global distillates were set for the lowest level since early February...

Norwegian oil company Equinor has awarded a contract to engineering firm Aker Solutionsr...

The IEA held its 2024 outlook for oil demand steady on Thursday while narrowly lifting its view on global supply...

Middle East oil prices dropped for the first time in more than a week after the...

Bunker sales pulled back at the world's biggest bunkering hub in January, with data from Singapore showing a drop in HSFO demand...

Middle distillate inventories in Singapore were up 36% over the past week to their highest levels since November, while fuel oil stocks were...

Goldman Sachs has widened its 2024 outlook for spread differentials between benchmark crude grades, primarily as a result of...

Oman's Duqm Refinery has already reached its nameplate capacity of 230,000 bpd and could add a further 5%-10%...

Nigeria's Dangote oil refinery has sold its first-ever oil product cargo in a landmark move for...

Refined oil product stocks in Japan further retreated to the lowest level since last summer amid...

Brent crude futures fell Wednesday for the first time in more than a week as attention turned back to US supply...

US gasoline stocks fell more than 3 million barrels for the second week as domestic processing slumped...

US distillate fuel stocks dropped for a fourth consecutive week in the first full week of February as refineries saw crude throughputs...

Crude oil futures in European hours Wednesday were little changed after mixed inventory data from the API, while the latest US inflation report...

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...

Processing of natural gas condensates at Novatek's Ust-Luga refinery on the Baltic Sea restarted this week after three weeks of...

lobal liquefied natural gas demand is expected to rise more than 50% by 2040, leading exporter Shell said Wednesday

Spain's Repsol has shut a gasoline-boosting reformer at its 220,000 bpd Bilbao refinery in the north of the country...

Gasoline refinery margins are at their steepest since the end of last summer's driving season in northwest Europe...

Gasoline cracks in Asia continued to rise in trade on Wednesday and hit their highest levels since July as a series of refinery shutdowns...