Latest News

1 Feb 2024
Vitol announced on Thursday, that its Singapore-based subsidiary, Vitol Bunkers will collaborate with Danish maritime technology company ZeroNorth...
1 Feb 2024
Polish refiner Orlen's Chief Executive Daniel Obajtek was dismissed from his post by the company's supervisory board...
1 Feb 2024
The average price for benchmark Middle East Dubai edged up in January, breaking a three-month losing streak...
1 Feb 2024
The US produced an all-time high 13.31 million bpd in November, according to the latest monthly data...
1 Feb 2024
Russian government intervention in the oil products market saw exports slump through January and deliveries to the domestic...
1 Feb 2024
Fuel oil inventories in the world's biggest bunkering hub rebounded last week following an uptick in cargo arrivals as stocks in Singapore...
1 Feb 2024
Saudi Aramco has lifted its LPG contract prices for February slightly, with propane delivered through the month to be priced at $630/mt and...
31 Jan 2024
European diesel cracks hit fresh three-month highs Wednesday, helped by lower crude and a fall in US distillate inventories...
31 Jan 2024
US refiner Phillips 66 plans to cease processing crude oil at its 120,000 bpd refinery in Rodeo, California...
31 Jan 2024
Crude oil futures Wednesday were in retreat after weak data from China weighed on markets, but benchmarks were heading for the first monthly gains since...
31 Jan 2024
UK biodiesel sales in November slid to their lowest level since February 2022 when the market was affected by the start of the Russia-Ukraine war, while sales of ethanol...
31 Jan 2024
US distillate fuel stocks hit a one-month low in the final week of January as output struggled to recover after refineries were hit by artic weather, while exports picked....
31 Jan 2024
US crude oil stocks at the delivery hub for the WTI futures contract tumbled again to hit a two-month low at the end of January...
31 Jan 2024
US gasoline stocks climbed for the fifth straight week as supply rebounded after freezing weather, outpacing higher domestic demand and...
31 Jan 2024
Asian air passenger demand is set to return to pre-pandemic levels in 2024, the Association of Asia Pacific Airlines (AAPA) said Wednesday...
31 Jan 2024
QatarEnergy has announced a number of engineering contracts that will boost production at the offshore Al Shaheen oil field...
31 Jan 2024
Naphtha is being replaced by propane as a preferred feedstock for petrochemical producers...
31 Jan 2024
The municipality of Greenview in Canada has penned a memorandum of understanding (MoU) with Interprovincial Fuel Solutions to develop a petrochemical facility..
31 Jan 2024
Brazil's Petrobras has targeted an additional 290,000 bpd of ultra-low diesel production by the end of the decade...
31 Jan 2024
Asian crude prices were slightly higher on the day Wednesday as benchmark Dubai registered the sharpest monthly gains since September...
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