Latest News

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...
2 Feb 2024
US energy major Chevron joined rival Exxon in beating estimates Friday on record fourth-quarter output...
2 Feb 2024
Marine fuel oil prices in Asia and Europe diverged this week, with European prices relative to crude nudging higher again to...
2 Feb 2024
Crude oil futures Friday were heading lower after initially consolidating at the weaker levels following the previous-session's slump...
2 Feb 2024
Diesel cracks rose down the curve over the course of the week as crude was stable...
2 Feb 2024
US energy major ExxonMobil's fourth-quarter earnings came in higher than expected Friday on stronger-than-anticipated growth
2 Feb 2024
Gasoline extended its premium over naphtha this week with supply seen tightening into the summer blending season...
2 Feb 2024
Middle East crude retreated sharply during the second half of the week as economic headwinds and talk of a possible Middle East ceasefire...
2 Feb 2024
Quantum Commodity Intelligence – Asian crude prices were lower Friday on reports...
2 Feb 2024
BP was restarting its 435,000 bpd Whiting refinery in Indiana Friday after a power outage...
2 Feb 2024
The number of oil tankers and LNG carriers transiting through the Red Sea declined sharply in December...
1 Feb 2024
Crude oil futures slumped sharply in a late Thursday trading on reports that Israel was close to reaching a deal with Hamas...
1 Feb 2024
Brent crude futures retreated for the second day with OPEC production back in focus, while diesel held...
1 Feb 2024
Brazil's offshore crude oil production continued to hit fresh highs, with development of the country's deep water yield 111.1 million barrels...
1 Feb 2024
Profits made by Shell's natural gas and LNG unit may face a slowdown at the start of this year after east-west arbs have closed and...
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