Latest News

8 Jan 2024
Parts of the River Rhine closed last week because of flooding has reopened to shipping...
8 Jan 2024
ExxonMobil has started planned maintenance at its 522,500 bpd Baton Rouge refinery in Louisiana...
8 Jan 2024
China's major airlines have cut jet fuel surcharges for the fourth consecutive time to the lowest level since...
8 Jan 2024
North American drilling activity was marginally lower in the first report of 2024 from oilfield services firm Baker Hughes...
8 Jan 2024
Crude speculators cut their net long position into the year end as fresh shorts were added amid optimism of a quick resolution to logistical...
8 Jan 2024
Benchmark Dubai crude prices opened the week little changed as markets digested the latest Saudi OSPs, while gasoil cracks have continued to...
8 Jan 2024
Shell warned Monday it was expecting a big hit to fourth quarter earnings related to its struggling Singapore...
8 Jan 2024
The consumption of refined oil products in India last month jumped to a seven-month high of more than...
8 Jan 2024
Libya has declared force majeure on crude oil supplies from 300,000 bpd El Sharara field...
8 Jan 2024
Saudi Aramco has slashed Official Selling Prices (OSPs) on its flagship Arab Light crude for February loading to customers in Asia...
5 Jan 2024
Crude futures rebounded on Friday as Middle East tensions returned, helping Brent record a marginal gain
5 Jan 2024
Crude oil futures Friday were climbing higher as benchmarks continued to recover after the previous session's tumble...
5 Jan 2024
Increased electricity capacity expected to be online by the end of the decade could push e-fuel prices for transport to compete against...
5 Jan 2024
Gasoline cracks started the New Year on firm territory, despite wobbling on a massive year-end US stockbuild,
5 Jan 2024
The London-based Mandara Capital is winding down operations after almost 15 years of trading crude and refined products derivatives, according to trading sources...
5 Jan 2024
European gasoil and diesel cracks touched fresh six-month lows this week following buoyant arrivals last month, with...
5 Jan 2024
urobob gasoline traded in the ARA barge market hit a 20-month high in December, ahead of a major shake-up...
5 Jan 2024
Marine fuel prices cracks were lower through the week as the first cargoes were offered out of Al Zour in three months, while high sulfur fuel...
5 Jan 2024
Middle East crude prices started 2024 on a reasonably firm footing, posting modest increases after a volatile week with geopolitical gains...
5 Jan 2024
The share of pure electric vehicles sold in the UK dipped in 2023 for the first time, prompting calls for more government-led incentives to boost...
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