Latest News
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...
25 Jan 2024
Crude futures climbed above $81/b on Thursday, helped by bullish economic data from the US and China
25 Jan 2024
US refiner Valero expects product markets to stay tight through the first quarter on heavy refinery maintenance...
25 Jan 2024
Diesel/gasoil stocks in the ARA region fell for the second straight week on a slowdown...
25 Jan 2024
The UK government is unlikely to adjust the current cap on sustainable aviation fuel (SAF) produced from HEFA feedstocks such as used cooking oil (UCO)...
25 Jan 2024
India's refined oil product consumption was forecast to grow 2.7% in..
25 Jan 2024
Repairs at Novatek refinery at Ust-Luga after a drone attack on Russia's Baltic Sea coast could take as long as two months, knocking out...
25 Jan 2024
Biofuel sales hit the highest share of bunker demand on record at the Port of Rotterdam during Q4 last year, with vessel operators...
25 Jan 2024
K crude production rebounded in November but was still down sharply on the year...
25 Jan 2024
Benchmark Dubai crude moved above $80/b Thursday for the first time this year, while gasoline cracks continued to rise as...
25 Jan 2024
Japanese petrochemical output sank to its lowest in at least a quarter of a century last year, official data showed Thursday...
25 Jan 2024
Singapore's fuel oil stocks slumped this week as big bunkering demand and lower imports combined to leave inventories at 21 million...
25 Jan 2024
China's third-largest state-owned oil company CNOOC is looking to boost its crude output to a new record high in 2024 to match...
25 Jan 2024
A former commodities trader is seeking $2.8 billion in damages against the UAE, alleging his company was the subject of a smear campaign...
25 Jan 2024
A fire has hit Russia's biggest Black Sea oil refinery, knocking out production at the 240,000 bpd Tuapse site, the second major incident...