Latest News

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...
7 Feb 2024
Prompt diesel shipments into Europe are seen sharply higher than previously feared, as tankers diverted...
7 Feb 2024
US crude production is expected to slow from record output at the turn of the year, the EIA said late Tuesday...
7 Feb 2024
Australian oil and gas producers Woodside Petroleum and Santos have called off a proposed merger, just two months after plans were announced...
7 Feb 2024
Fuel oil inventories in Fujairah hit their highest levels since the start of the year as cargo flows picked up while poor weather hampered...
7 Feb 2024
Middle distillate stocks in Japan continued to head in a downward trajectory as the draw of kerosene stocks extended...
7 Feb 2024
US crude oil production growth is set slow dramatically in 2024 after another year of stellar growth in 2023...
7 Feb 2024
US crude oil stocks posted a lower-than-expected build for the week ending 2 February, while the increase in gasoline inventories was largely offset...
6 Feb 2024
Oil markets are betting on a resumption of normal trade in the Red Sea by June...
6 Feb 2024
The cost to ship goods along the entire length of the Rhine River has plunged to pandemic levels on muted logistics demand while...
6 Feb 2024
Quantum Commodity Intelligence –Brent crude was higher Tuesday on renewed...
6 Feb 2024
Crude oil futures were higher for a second session on Tuesday as markets comfortably consolidated early-week gains...
6 Feb 2024
Indian LNG buyer Petronet was poised this week to sign a multi-billion dollar deal to extend its Qatari LNG import deal until 2048...
6 Feb 2024
Japanese trading firm Mitsui will initially maximise the use of LNG as a fuel to propel its fleet and shift gradually to other...
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