Latest News

22 Dec 2023
Both gasoline and naphtha came pressure this week – the latter correcting abruptly from recent highs – as Red Sea diversions
22 Dec 2023
Middle East crude prices were comfortably higher over the week as benchmark Dubai finally showed signs of life after a two-month long downturn...
22 Dec 2023
European diesel and gasoil refining margins noted their first weekly gain since late October after heated tensions in the Red...
22 Dec 2023
Middle East crude prices Friday were little changed but consolidating solid weekly gains, while gasoline cargoes were under further...
22 Dec 2023
Crude throughputs at Indian refineries climbed again last month as seasonal maintenance and wound down...
21 Dec 2023
Crude oil futures Thursday were after Angola dramatically announced it was leaving OPEC...
21 Dec 2023
Crude oil futures tumbled over $1/b after Angola announced it was leaving the OPEC producer group, dragging product...
21 Dec 2023
Gasoline stocks held in the ARA port hub fell for a third consecutive week to reach its lowest level in two years on an uptick in...
21 Dec 2023
Crude oil refining in the EU16 rebounded in November from record lows as the autumn maintenance season drew...
21 Dec 2023
Oil and gas executives operating in the southern oil-producing states of the US expect energy prices to increase from current levels...
21 Dec 2023
Angola dramatically announced Thursday that it leaving OPEC after it was unable to resolve a long-standing...
21 Dec 2023
Middle East crude prices Thursday were little changed heading towards year-end as benchmark Dubai consolidated at around three-week...
21 Dec 2023
Italian energy company Eni has sold a minority stake in its gas, electricity and renewable energy spinoff Plenitude valuing the company at...
21 Dec 2023
Parts of the southern Rhine River are likely to miss breaking through a critical high this weekend, narrowly avoiding...
21 Dec 2023
Fuel oil inventories fell by over 1 million barrels in Singapore last week as a drop in bunker prices stimulated buying, with inventories falling...
21 Dec 2023
Japanese ethylene production rose by nearly 5% in November to reach a near one-year high as crackers wrapped up their...
20 Dec 2023
Front month crude oil futures were poised to close at above $80/b for the first time in three weeks on Wednesday, shrugging...
20 Dec 2023
Crude oil futures Wednesday were edging higher, maintaining the upwards trend as threats to shipping in the Red Sea...
20 Dec 2023
The cost of insuring vessels still transiting the Red Sea has surged, while the underwriting industry has widened area classified a conflict zone...
20 Dec 2023
A G7-led coalition that has sanctioned Russia's oil industry said it would step up efforts to enforce existing rules aimed at cutting the country's...
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