Latest News
6 Feb 2024
Global oil markets will flip into a supply deficit by the end of 2025 as replacement barrels lag behind firming demand...
6 Feb 2024
Quantum Commodity Intelligence – The biggest oil refining and petrochemical complex in Malaysia has been shut due to...
5 Feb 2024
Crude oil futures Monday were climbing higher, recovering slightly after heavy losses from the previous week as investors wait for...
5 Feb 2024
Quantum Commodity Intelligence – Brent crude futures dipped in a flat opening session Monday, while product cracks ticked higher, led by gasoline
5 Feb 2024
Saudi Aramco has left its OSP for the flagship Arab Light crude for March loading unchanged for customers in Asia...
5 Feb 2024
Firm Middle East and Latin America demand helped pull more gasoline out of Europe last month...
5 Feb 2024
Quantum Commodity Intelligence – The UAE will likely meet it target capacity of 5 million bpd with investments of $150 billion...
5 Feb 2024
Brazil's domestic crude processing fell for a third month in a row in December, easing off another 0.4% from November to 1.97 million bpd...
5 Feb 2024
Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...
5 Feb 2024
Azerbaijan's 2024 oil output is set to continue its downward trend through 2024, falling 3% on the year to 29.5 million mt, the energy ministry...
5 Feb 2024
Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...
5 Feb 2024
Middle East oil prices opened the week lower as markets caught up with Brent losses after Asian markets had closed on Friday, with those...
5 Feb 2024
The spread between European and Asian LNG prices is likely to remain relatively narrow for the remainder of Q1 although Asian markets should...
5 Feb 2024
Spain's crude oil imports fell last year as the country shifted further away from traditional OPEC+ suppliers, largely towards the...
5 Feb 2024
North American drilling activity was marginally lower with drilling activity showing little change so far in 2024...
5 Feb 2024
Russian exporters slashed gasoline exports last month, redirecting supply to...the domestic market
5 Feb 2024
A Russian refinery at Volgograd was struck by two Ukrainian drones on Saturday morning, with a fire damaging the Lukoil-owned refinery in the...
5 Feb 2024
Long positioning in the ICE Brent futures contract hit its highest levels in almost two-and-a-half years last week as speculative bets on the...
5 Feb 2024
Chile's second-largest oil refinery has halted operations due to a massive wildfire that has cut power supplies since
2 Feb 2024
Brent crude futures ended the week sharply lower after correction late Thursday on news of a possible ceasefire in Gaza...