Latest News

Loading of oil and products has restarted from Russia's port of Novorossiysk after high winds and waves earlier in the week delayed work...

QatarEnergy has announced a five-year crude oil agreement with Shell, supplying up to 18 million barrels per annum of...

US crude oil stocks posted a build for the week ending 22 December, while refined products registered only minor changes...

Asia crude prices eased back from the previous session's four-week highs, pulling oil product prices lower...

Light distillate stocks in Singapore for the week ending December 27 continued to swell to the highest level last seen in mid-November this year despite...

Domestic deliveries of middle distillates in Japan spiked in November owing to a significant increase in kerosene needs...

European diesel and jet fuel prices were pressured on news that several diesel and jet fuel cargoes were diverted around Africa...

European natural gas prices rallied strongly Wednesday as the deteriorating geopolitical situation in the Middle East continued to force LNG tankers to divert away from the Red Sea...

Crude oil futures Wednesday were drifting lower, giving up around the half of the previous session's gains, although the deteriorating security situation in the Middle East..

North American drilling activity posted an a small decrease for a second week...

Gasoil cracks in Asia slipped to five-month lows during trade on Wednesday as supply availability looks set to continue to pick up in the region...

Iran has again increased Official Selling Prices for its flagship Iranian Light grade, broadly following the trend...

Brazil's crude and condensates output rebounded 4% in November and ended just shy of an all-time high as the country's offshore production...

Stocks of refined oil products in Japan fell for the sixth consecutive week to the lowest point since late August as heavy draws in kerosene...

Benchmark Dubai crude prices rallied to a four-week high Wednesday amid heightened geopolitical tensions, while at the same time gasoil paper cracks...

Thailand's crude oil imports were up by more than a third on the month in November, with monthly customs data published Wednesday showed...

Bad weather on the Black Sea has delayed loading of crude oil and refined products at Novorossiysk, with strong winds preventing operations...

Beijing has increased its annual fuel oil import allowance for private importers in 2024 amid concerns that...

Fuel oil inventories in Fujairah dropped 1.1 million barrels last week and light end stocks were down 400,000 barrels, while there was a slim...

Crude oil futures Tuesday surged higher, building on the pre-holiday upwards trend amid growing concerns over...