Latest News

30 Jan 2024
Quantum Commodity Intelligence – ...
30 Jan 2024
Saudi Arabia has dramatically cancelled plans to boost its production capacity by another 1 million bpd over the next few years...
30 Jan 2024
Seoul-headquartered oil refining major S-Oil has started producing low-carbon fuels such as sustainable aviation fuel (SAF) and...
29 Jan 2024
Saudi Arabia's energy minister Prince Abdulaziz bin Salman has called for greater "joint efforts" to ensure oil market stability...
29 Jan 2024
Crude futures were higher Monday as tensions in the Middle East ratcheted higher, while diesel cracks...
29 Jan 2024
Italy's Eni has ceased the import of crude oil at its 84,000 bpd Livorno refinery and shut certain production lines...
29 Jan 2024
Crude oil futures Monday hit two-month highs in early trade before easing off after Friday's direct hit on an oil tanker...
29 Jan 2024
Naphtha cracks in Asia hit a 10-month high during trade on Monday, with prices continuing to rally after a tanker carrying the petrochemical...
29 Jan 2024
Russia's oil output is forecast to hit roughly 530 million mt in 2024, equivalent to around 10.6 million bpd, energy minister Nikolay...
29 Jan 2024
Oil and gas output in North Dakota has nearly fully recovered after freezing weather knocked out around...
29 Jan 2024
PetroChina's international business division has signed a strategic cooperation agreement with Chinese local biofuel producer...
29 Jan 2024
North American drilling activity was marginally higher for a second week, with drilling activity showing little change in the early part of the year...
29 Jan 2024
Shell has announced plans to convert a diesel-making hydrocracker at its Wesseling refinery in Germany into a lubricant plant...
29 Jan 2024
India's diesel exports jumped nearly 20% on the year in December, official data showed Monday...
29 Jan 2024
Mexico's state-owned Pemex imported nearly 500,000 bpd of gasoline last month,
29 Jan 2024
Benchmark crude Dubai post fresh 2024 highs for a third consecutive session Monday on the deteriorating security situation in the...
29 Jan 2024
Shell announced this weekend that it had suffered an unplanned outage at its 400,000-bpd...
29 Jan 2024
A drone attack on a 300,000 bpd refinery near the Russian city of Yaroslavl has been stopped without damaging the site, the latest in a series of...
29 Jan 2024
Speculators piled into the long WTI trade in the week to 23 January as freezing weather in the US and falling inventories at Cushing combined...
29 Jan 2024
China's biggest oil refiner Sinopec has hiked jet fuel output from its Shanghai refinery as air travel demand is...
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