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Global oil markets will flip into a supply deficit by the end of 2025 as replacement barrels lag behind firming demand...

Quantum Commodity Intelligence – The biggest oil refining and petrochemical complex in Malaysia has been shut due to...

Crude oil futures Monday were climbing higher, recovering slightly after heavy losses from the previous week as investors wait for...

Quantum Commodity Intelligence – Brent crude futures dipped in a flat opening session Monday, while product cracks ticked higher, led by gasoline

Saudi Aramco has left its OSP for the flagship Arab Light crude for March loading unchanged for customers in Asia...

Firm Middle East and Latin America demand helped pull more gasoline out of Europe last month...

Quantum Commodity Intelligence –  The UAE will likely meet it target capacity of 5 million bpd with investments of $150 billion...

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...

Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...

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...

Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...

Middle East oil prices opened the week lower as markets caught up with Brent losses after Asian markets had closed on Friday, with those...

The spread between European and Asian LNG prices is likely to remain relatively narrow for the remainder of Q1 although Asian markets should...

Spain's crude oil imports fell last year as the country shifted further away from traditional OPEC+ suppliers, largely towards the...

North American drilling activity was marginally lower with drilling activity showing little change so far in 2024...

Russian exporters slashed gasoline exports last month, redirecting supply to...the domestic market

A Russian refinery at Volgograd was struck by two Ukrainian drones on Saturday morning, with a fire damaging the Lukoil-owned refinery in the...

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...

Chile's second-largest oil refinery has halted operations due to a massive wildfire that has cut power supplies since

Brent crude futures ended the week sharply lower after correction late Thursday on news of a possible ceasefire in Gaza...