Latest News
4 Jan 2024
Brokerage RJ O'Brien Mena Capital has been hit with fines by Dubai's regulatory authority and the ICE futures exchange over breaches of...
4 Jan 2024
China's economic planning body raised domestic price ceilings for gasoline and diesel for the first time since mid-September last year as...
3 Jan 2024
Crude Wednesday were sharply higher as reports that the latest wave of protests in Libya had shut-in production...
3 Jan 2024
Brent crude oil futures surged nearly 3% on Wednesday as protests in Libya shut in its largest oil field, with broader...
3 Jan 2024
The price difference between high sulfur fuel oil cargoes in Europe and Asia has continued to edge higher at the start of the year, with...
3 Jan 2024
Protestors in southern Libya have reportedly shut in one of the country's largest oilfields on Wednesday as they demand...
3 Jan 2024
The US Department of Energy (DOE) has tendered for a total of 3 million barrels of crude oil as part of its Strategic Petroleum Reserve (SPR)...
3 Jan 2024
Investment bank UBS remains broadly supportive on oil prices in the coming year, but expects US natural gas prices to languish...
3 Jan 2024
India's oil minister has played down reports that Russian oil imports have dipped due to problems with payments linked to sanctions and the...
3 Jan 2024
Benchmark Dubai crude prices tumbled more than 3.5% Wednesday to match the selloff in Brent futures over the previous 24 hours, while...
3 Jan 2024
Saudi Aramco and China's Rongsheng Petrochemical are considering deeper cooperation as the two companies signed...
3 Jan 2024
Spanish gasoline demand last November was at its highest since 2007, soaring some 14% above 2019 levels following a continued...
3 Jan 2024
Stocks at the Middle East storage hub in Fujairah started the new year at their highest levels in three months as a big build in light end...
3 Jan 2024
The US has leapt past Qatar and Australia to take the top spot as the world's largest supplier of LNG, according to data published by...
2 Jan 2024
Crude oil futures Tuesday were lower as markets surrendered earlier gains despite 2024 starting with further turmoil...
2 Jan 2024
Crude oil prices were on course for a loss in the first trading session of the new year, with the market giving back gains seen earlier in...
2 Jan 2024
The average price for benchmark Middle East Dubai was lower in December for a third straight month...
2 Jan 2024
Market structure in the Asian gasoil market steepened in the first trading day of 2024, with an uptick in demand driving the forward curve...
2 Jan 2024
Six vessels carrying Russian far eastern Sokol crude have been unable to discharge in India following the clampdown on vessel owners...
2 Jan 2024
Brazil's crude exports hit a seven-month high in November at 1.97 million bpd and were the second-highest monthly average on record...