Latest News
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...
2 Jan 2024
Barge demand on the Rhine River is expected to pick up during the first half of January after heavy rains and snowmelt pushed...
2 Jan 2024
India has scrapped export duties on both diesel and jet fuel shipments at the start of the year after refining margins tumbled...
2 Jan 2024
Quantum Commodity Intelligence – Asia crude prices started the new year on a positive note Tuesday with ongoing tensions around the Red Sea underpinning sentiment, which...
2 Jan 2024
North American drilling activity posted the first increase in three weeks, according to the final report of 2023...
2 Jan 2024
French energy major TotalEnergies has restarted several units at its oil refinery in Donges after the site suffered a leak on a line...
2 Jan 2024
Beijing has issued the crude oil import quotas for the new year totalling 179.01 million mt, according to...
29 Dec 2023
Crude oil futures Friday were slightly higher but benchmarks remained in negative territory for the week...