Latest News
23 Jan 2024
The quality of crude oil produced in Texas last year was relatively denser as the state reached record levels of output, with the changing slate...
23 Jan 2024
Rising crude oil prices have compounded oversupply problems in the Asian high sulfur fuel oil market, with refiners' theoretical margins...
23 Jan 2024
Commerzbank has cut its price forecast for TTF natural gas futures and carbon allowances traded under the EU's ETS scheme due to weak...
23 Jan 2024
Notional refining margins for gasoline have risen sharply in Asia and Europe at the start of 2024, as disruption to trade flows have compounded...
23 Jan 2024
TotalEnergies has begun startup activities at its 238,000 bpd Port Arthur refinery in Texas, after freezing temperatures...
23 Jan 2024
Quantum Commodity Intelligence – Middle East oil prices rallied strongly after the latest wave of strikes against Houthi militants raised the geopolitical temperature in the region, driving...
23 Jan 2024
Ongoing disruptions to maritime traffic in the Red Sea have had a major impact on international trade flows and are likely to...
23 Jan 2024
Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in April at parity...
23 Jan 2024
Norway's oil and gas output set new records in December, official data showed Tuesday...
23 Jan 2024
Tokyo-headquartered Idemitsu Kosan is on track to wind down crude oil refining activities at one of its main refineries in Japan and...
22 Jan 2024
Quantum Commodity Intelligence – ICE Brent crude futures were testing 2024-highs Monday with supply risks in focus, outpacing most European...
22 Jan 2024
The HOGO spread – which measures the value of ICE New York Harbor heating oil futures minus ICE low sulphur gasoil futures...
22 Jan 2024
Crude oil futures were pushing higher Monday, having initially opened the week...
22 Jan 2024
The cost to ship goods along the entire length of the Rhine River is near its lowest point in nearly two years as demand has...
22 Jan 2024
Saudi Arabia's crude exports rose to a five-month high of 6.3 million bpd in November, even as the country's output slowed as part of a broader...
22 Jan 2024
Natural gas in both the US and Europe extended the previous-week's sharp losses Monday with markets shrugging off recent winter storms...
22 Jan 2024
Quantum Commodity Intelligence – ExxonMobil has brought a suit against a group...
22 Jan 2024
The mounting cost of shipping goods between Europe and Asia due to the ongoing uncertainty in the Red Sea has continued to widen...
22 Jan 2024
It could take weeks for oil and gas output in North Dakota to fully recover from an arctic storm that knocked out more than half its capacity last...
22 Jan 2024
UAE's state-owned Abu Dhabi National Oil Company (Adnoc) decided to increase its budget for...