Latest News

19 Jan 2024
Middle East crude prices closed the week largely unchanged, as geopolitical tensions and Red Sea shipping delays...
19 Jan 2024
Marine fuel prices reversed last week's selloff in Asia as firm bunkering demand and a series of planned refinery works and unexpected...
19 Jan 2024
Argentinian authorities have shutdown its main crude exporting terminal in the Atlantic to investigate...
19 Jan 2024
Middle East crude prices strengthened for a second Friday as benchmark Dubai posted the second highest print of 2024...
19 Jan 2024
Brazil's state-ran Petrobras has formally restarted its upgrade of the Refinaria Abreu e Lima (RNEST) refinery...
19 Jan 2024
Around 100 offshore drillers employed by Odfjell Technology working on Equinor's Mariner platform in the North Sea...
19 Jan 2024
Italian energy major Eni and South Korean chemical company LG Chem have agreed on a joint venture to build and run a new biorefinery...
18 Jan 2024
Crude futures and product cracks were higher Thursday as the EIA's weekly stock report surprised to the upside...
18 Jan 2024
The Philippines can replace its relatively young fleet of coal-fired power plants at a steep average price of $140/tCO2e...
18 Jan 2024
Another 3 million barrels of gasoline were added to US inventories last week...
18 Jan 2024
Distillate stocks rose for the eighth straight week in the seven days ending 12 January...
18 Jan 2024
Saudi Tadawul has bought a stake in the Dubai Mercantile Exchange (DME), with the Saudi exchange set to take a 32.6% stake in...
18 Jan 2024
US commercial crude stocks fell 2.5 million barrels last week to a three-month low as refinery throughput ratcheted back up and net...
18 Jan 2024
Gasoline stocks in the ARA region climbed for the first time in seven weeks as exports fell...
18 Jan 2024
Gasoil deliveries in Italy have fallen to the second lowest level in more than 20 years...
18 Jan 2024
Italy's government is considering divesting part of its stake in ENI in a bid to raise...
18 Jan 2024
Oil output in the northern US state of North Dakota has rebounded slightly as extreme cold weather recedes
18 Jan 2024
Thailand will end price subsidies for biofuel blend road fuels and cut the number of blends on offer by September this year, according to...
18 Jan 2024
Asia gasoline cracks have touched their highest levels since mid-September, continuing their upward streak amid a series of refinery...
18 Jan 2024
The International Energy Agency (IEA) raised its 2024 forecast for global oil demand by another 180,000 bpd on Thursday...
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