Latest News

A large build of gasoline stockpile during the week ending January 13 pushed the inventory level to...

US output of tight oil in major producing regions will be marginally lower in February, as production flattens out following...

The total crude runs at Chinese refineries continued to slide for the third consecutive month to an 11-month low in December as...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums on the Middle East medium sour crude set to rebound sharply...

Crude oil futures Tuesday were climbing higher as traders eyed developments in the Middle East as Houthi militants renewed attacks on commercial shipping...

European products outpaced crude on Tuesday, led by jet fuel, with east-west arbs sharply higher again…

Benchmark US natural gas futures have slumped around 10% from pre-weekend levels despite much of the country gripped by a winter storm...

A rebound in marine fuel 0.5% sulfur demand for through December helped to lift monthly bunker sales in Fujairah to their highest since August...

Freezing weather has slashed oil and gas production in North Dakota by up to half, the state's pipeline authority said Tuesday...

The price of jet and diesel in Europe relative to Asia has soared in the wake of US-UK military action in the Red Sea...

Shell has indefinitely suspended all shipments through the Red Sea after last week's strikes by the US and UK against Houthi rebels has so far...

Malaysia's diesel output hit an eight-month high in November as refiners sought to take advantage of elevated cracks on show, while gasoline...

Angola's December crude oil output was 7% higher on the month at 34.8 million mt as the country announced it was to leave OPEC...

The Caspian Pipeline Consortium (CPC) wants to handle 70 million mt of Kazakh and Russian crude oil for export during 2024, the group's...

Middle East crude prices were little changed Tuesday as markets entered a holding pattern in the early part of the week, while the gasoil...

At least six refineries in Texas have reported flaring since the weekend as an arctic storm grips the US...

The number of vessel operators shunning the Red Sea and costs associated with global shipping both continue to rise...

Shell has agreed to sell its onshore Nigerian subsidiary to a consortium of mainly local producers...

Scheduled refinery maintenance in China is expected to peak in the second quarter of this year as demand normally retreats...

Thailand's top oil refiner Thai Oil shut down its biggest crude refining unit on Tuesday for repairs due to...