Latest News
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...
25 Jan 2024
The Trans Mountain Expansion (TMX) pipeline will finally start loading crude for export in March or early April, a company official confirmed...
24 Jan 2024
Crude oil futures Wednesday were slightly higher as Brent continued to circle around the $80/b mark, having initially eased...
24 Jan 2024
Brent crude futures were up for the fourth straight session in European trade Tuesday...
24 Jan 2024
Oil refiners in the US have asked the Biden Administration to reform the current Renewable Fuel Standard (RFS) and renewable fuel credit (RIN) program...
24 Jan 2024
Another 5 million barrels of gasoline were added to US inventories last week as freezing temperatures forced millions of Americans to...
24 Jan 2024
Commercial US crude inventories fell by 9.2 million barrels in the week to 19 January as Arctic storms shut in production in North Dakota...
24 Jan 2024
US distillate stocks fell for the first week since mid-November in the seven days...
24 Jan 2024
Qatar, the world's third largest supplier of LNG, has warned Europe that it will likely face scheduling delays on some shipment...
24 Jan 2024
The cost of shipping clean products across the Atlantic has more than doubled in the last week...
24 Jan 2024
Oil cargo loadings have restarted at Novatek's Ust-Luga site on Russia's Baltic coast following a Ukrainian drone attack on Sunday that...
24 Jan 2024
Bunker Holding expects that 20% of the marine fuel mix will be made up of new fuels by 2030 and biofuels will play a key role in reaching targets...
24 Jan 2024
Canadian refiner Suncor has restarted unspecified units at its 85,000 bpd Sarnia refinery about a week after freezing weather...
24 Jan 2024
Middle East eased slightly Wednesday, although oil markets were broadly on hold amid mixed pricing signals, while product cracks largely softened...
24 Jan 2024
US crude oil stocks posted larger-than-expected decline for the week ending 19 January, although a large build in gasoline stocks offset...
24 Jan 2024
Uganda is close to finalising a financing deal with a UAE investment group to develop a planned $4 billion refinery, according to press reports...
24 Jan 2024
Shell will shut multiple unspecified units at its 404,000 bpd Pernis refinery at the end of January for up to three months...
24 Jan 2024
Refined oil product stocks in Fujairah were up over the course of the week to 22 January...
24 Jan 2024
EU-16 crude runs rebounded last month as refinery maintenance wound down, but remained below...
24 Jan 2024
The surge in light crude production from the giant Permian basin has proved a major lift in the revival of the Dated Brent...