Latest News
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...
30 Jan 2024
The Trans Mountain Expansion (TMX) pipeline will face a further delay before the first crude exports start loading from the Canada's Pacific coast...
30 Jan 2024
US commodity brokerage StoneX on Tuesday said it is the first clearing and trading member of Abaxx Exchange, the...
30 Jan 2024
Global diesel deliveries scheduled for February delivery in Europe are set to drop by more than half on the month...
30 Jan 2024
Gasoil cracks in Asia hit their highest levels since November during trade on Tuesday, with fallout from Friday's attack on a tanker in the Red...
30 Jan 2024
Dutch bank ING has trimmed its oil price forecast for 2024 as strong supply growth from the Americas and Norway will match only modest demand growth...
30 Jan 2024
UAE-based airline Emirates has become the first international airline to join The Solent Cluster, a UK low carbon investment initiative...
30 Jan 2024
A fresh round of industrial action in France is set to disrupt domestic crude processing in one of Europe's top suppliers...