Latest News

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...
31 Jan 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
31 Jan 2024
A hedge fund operated by high-profile manager Pierre Andurand continued to struggle during the second half of 2023...
31 Jan 2024
The United States' Department of Energy (DOE) is looking to buy another 3 million barrels of crude as it slowly restocks its Strategic Petroleum...
31 Jan 2024
Demand for middle distillates in Japan continued to grow in December largely underpinned by a sharp rise in...
31 Jan 2024
Fuel oil stocks at the Middle Eastern storage hub of Fujairah fell to a four-week low as demand from vessels calling at the port to bunker picked...
31 Jan 2024
ExxonMobil will shut two of its five European refineries for scheduled works this Spring, removing around 320,000 bpd of combined...
31 Jan 2024
The Chinese government introduced the biggest increase in domestic price ceilings for gasoline and diesel in nearly four months as...
31 Jan 2024
Middle distillate stocks in Japan continued to fall for the week ending January 27 amid a surge in gasoil exports underpinned by...
31 Jan 2024
US crude oil stocks posted a slightly larger-than-expected decline for the week ending 26 January, while refined products...
30 Jan 2024
The US will not renew sanctions relief provided to Venezula's oil and gas sector when it expires in April...
30 Jan 2024
US refiner Marathon expects a heavy maintenance schedule to support Q1 margins during the shift to summer-grade gasoline...
30 Jan 2024
Diesel led European product prices lower Tuesday as concerns over Chinese demand...
30 Jan 2024
Crude oil futures Tuesday were climbing higher, albeit amid choppy trade, as turmoil in the Middle East was tempered in part by concerns...
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