Latest News

29 Jan 2024
The direct strike on an oil tanker off the coast of Yemen in late January was viewed as a major escalation in Middle East conflict...
26 Jan 2024
Crude oil futures were spiking higher late Friday on reports that an oil tanker had taken a direct hit from a Houthi missile...
26 Jan 2024
Brent crude added to recent gains Friday, in a week dominated by supply disruptions and Middle East tensions...
26 Jan 2024
New research commissioned by one of Europe's busiest airports, Amsterdam Airport Schiphol, has proposed a series of 'polluter pays' extra taxes...
26 Jan 2024
The US Biden Administration dramatically announced Friday a pause on approvals for new LNG export terminals...
26 Jan 2024
Gasoline maintained its strong start to 2024 as supply disruptions and logistical bottlenecks...
26 Jan 2024
A Japanese oil company has started selling fuel products to corporate clients including carbon credits to cover…
26 Jan 2024
European diesel cracks gained for the third straight week as LSGO futures...
26 Jan 2024
Middle East crude prices closed out the week at near two-month highs, as geopolitical tensions in the Middle East and hopes of an improving...
26 Jan 2024
The cost of using lower emission fuels for conventionally fuelled marine vessels in Northwest Europe has jumped higher in January in the...
26 Jan 2024
Marine fuel margins were on the rise through the week as longer sail times for vessels avoiding the Red Sea drove demand higher, with queues...
26 Jan 2024
Thailand's December crude oil imports slipped 11% on the month, with customs data showing imports falling as contracted volumes fell...
26 Jan 2024
Around 100 offshore drillers employed by Odfjell Technology working on Equinor's Mariner platform...
26 Jan 2024
Benchmark Dubai crude hit fresh yearly highs Friday on the increased geopolitical risk and improving economic outlook, a move that did...
26 Jan 2024
Crude throughput by China's biggest oil refiner Sinopec jumped in 2023 thanks to a surge in kerosene output as...
26 Jan 2024
Russia plans to upgrade domestic refining capacity and boost production of gasoline and diesel by a combined 25% in the next four years...
26 Jan 2024
Russia's crude output fell just under 1% on the year in 2023 to 530 million mt, with the drop attributed to Moscow following its quota...
26 Jan 2024
Urals crude this week has been transferred onto a VLCC for the first time in six months, indicating Russian firms are looking to mitigate the risk...
25 Jan 2024
Oil futures Thursday were comfortably higher for a second session as crude benchmarks extended the midweek rally...
25 Jan 2024
Australian energy producer Santos is set to face delays to its troubled Barossa gas project in the Timor Sea...
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