Latest News

19 Dec 2023
The US will lead a strengthened multinational naval force in the Red Sea aimed at protecting commercial shipping from rocket and drone...
19 Dec 2023
China's economic planning body slashed the price ceiling for gasoline and diesel in the domestic market, bringing prices to their five-month lows as...
19 Dec 2023
Asian crude prices Tuesday continued the upward trend, catching up with gains in Brent following disruptions to the Red Sea shipping channel...
19 Dec 2023
French road fuel demand retreated last month as cost-saving measures introduced in October...
19 Dec 2023
US output of tight oil in major producing regions will be little changed in January, consolidating at close to all-time highs as the giant Permian...
19 Dec 2023
QatarEnergy has awarded its monthly Al Shaheen tender for February at the lowest premiums seen for medium sour crudes loading in the Middle East since...
18 Dec 2023
Crude oil futures Monday were higher as more vessel operators announced they would avoid the Red Sea...
18 Dec 2023
Quantum Commodity Intelligence - Crude futures were higher Monday as more shipping companies moved to avoid the Red Sea because of...
18 Dec 2023
Russia could advance curbs on oil exports during December, Deputy Prime Minister Alexander Novak said over the weekend...
18 Dec 2023
Strong demand in Western Europe around the Christmas peak helped push global air capacity narrowly above pre-Covid demand...
18 Dec 2023
European natural gas prices spiked sharply Monday after a number of LNG tankers scheduled to transit the Red Sea were diverted away...
18 Dec 2023
Asian naphtha cracks continued to rally on Monday to touch fresh highs not seen since early March as the market remained supported by...
18 Dec 2023
A fund managed by US investment giant Blackrock is investing up to $400 million in a UAE-based company that...
18 Dec 2023
Angolan crude oil output eased off to a seven-month low in November ahead of a lower OPEC production target heading into the new...
18 Dec 2023
Saudi Arabia's crude exports jumped back in October as a heavy maintenance schedule reduced demand...
18 Dec 2023
Oil supermajor BP has joined a growing list of companies avoiding the Red Sea as the number of attacks by Houthi militants in the region picks...
18 Dec 2023
Canada's Suncor had to restart its Commerce City refinery in Colorado over the weekend after a power issue at the plant...
18 Dec 2023
Texas City officials lifted a shelter-in-place order Sunday after a chemical release at Marathon Petroleum's Galveston...
18 Dec 2023
Bunker sales in the world's biggest fuelling hub reserved lower in November ending a two-month rally as...
18 Dec 2023
Bunker fuel sales in Fujairah fell back to their lowest levels since the summer last month, with a 7% slump leaving November demand at...
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