Latest News
8 Feb 2024
Japanese oil refining and petrochemical cracking major Cosmo Energy Group is aiming to ramp up the production...
8 Feb 2024
Gasoline and diesel prices in the Chicago region have jumped sharply higher after it emerged the Midwest's...
8 Feb 2024
TotalEnergies has shut its 238,000 bpd Port Arthur refinery in Texas just a few days after it restarted...
8 Feb 2024
Middle East oil prices were higher for a third session Thursday as sentiment continued to improve, while gasoil cracks firmed further to...
8 Feb 2024
Fuel oil inventories in Singapore slid 7% last week as bunkering demand due to higher fuel demand from vessels avoiding the Red Sea continued...
7 Feb 2024
Crude oil futures in were trading higher for a third session as the EIA said that US oil production...
7 Feb 2024
European diesel and gasoline refining margins jumped over $1/b by the Wednesday close after US data showed a sharp...
7 Feb 2024
US natural gas consumption reached a record 141.5 billion cubic feet (Bcf) in the US Lower 48 states on 16 January...
7 Feb 2024
An expected rubberstamp vote by EU countries on CO2 reduction targets for trucks and lorries in the EU, which would see almost all new sales of...
7 Feb 2024
The recent slump in global natural gas prices has started to boost industrial demand in both Europe and Asia, which could provide price support later this year, while the supply...
7 Feb 2024
US crude oil stocks built more than expected last week, with a 5.5-million-barrel rise in inventories taking stocks to a three-week high of 427.4...
7 Feb 2024
US distillate stocks fell for the fourth straight week last week on the back of small...
7 Feb 2024
US gasoline stocks sank to a near one-month low as demand jumped to its highest level so far this year while output was static...
7 Feb 2024
India's gasoline demand rebounded 4% in January and LPG demand hit a record high, offsetting a seasonal drop in diesel consumption...
7 Feb 2024
Rebounding demand from West Europe and Singapore lifted December exports of US crude to their highest levels in nine months, while...
7 Feb 2024
Adnoc has reduced the Official Selling Prices (OSPs) for March-loading crude, with its flagship Murban grade set at...
7 Feb 2024
Asian 10ppm gasoil cracks hit their highest levels in three months during trade on Wednesday, with scheduled refinery maintenance towards the...
7 Feb 2024
Spain's Exolum has won a tender to operate and maintain fuel distribution facilities at Paris Charles de Gaulle airport and will invest in the maintenance...
7 Feb 2024
TotalEnergies' Patrick Pouyanne sees global oil demand returning to its pre-Covid average of around 1.2 million bpd per year...
7 Feb 2024
Middle East oil prices climbed higher for a second session Wednesday, while gasoil cracks continued to tick higher and touch a three-month high...