Latest News

15 Dec 2023
US environmental regulators have approved the restart of BP's Olympic Pipeline about a week after...
14 Dec 2023
Brent crude futures were given a sharp boost Thursday by an improved outlook for 2024 oil demand...
14 Dec 2023
Differentials for flagship medium sour grades loading in the Middle East during February have slumped to the lowest levels for three years...
14 Dec 2023
Crude oil futures Thursday were sharply higher as benchmarks continued to pull away from this week's five-month lows..
14 Dec 2023
The spread of Asian diesel prices against the European benchmark continued to hover near the closest point in five months after a...
14 Dec 2023
Prices for liquified natural gas (LNG) in the Chinese domestic market surged...
14 Dec 2023
Gasoline held in the ARA region fell again this week on firm export demand, attracting more naphtha into storage for blending,
14 Dec 2023
Residual fuel oil stocks in Singapore jumped during the week ending December 13 to almost the highest level in...
14 Dec 2023
Goldman Sachs has maintained its forecasts on US natural gas prices for 2024 and 2025, reasoning that the recent price slump will lead to...
14 Dec 2023
Several media outlets have picked up a study commissioned by an NGO which casts doubt on the sustainability and legitimacy of biofuels...
14 Dec 2023
Asian crude prices rebounded strongly Thursday after prices slumped to fresh five-month lows midweek, while...
14 Dec 2023
German authorities have granted the green light to the construction of a liquefied natural gas (LNG) terminal on the Elbe...
14 Dec 2023
The IEA removed a massive 400,000 bpd from its oil demand forecast for the final three months of 2023 on Thursday...
14 Dec 2023
Japanese utility Kansai Electric Power Group and commodities firm Hartree Partners announced Thursday the...
14 Dec 2023
Firefighters were tackling a blaze at Marathon Petroleum's 593,000 bpd Galveston Bay refinery in Texas
14 Dec 2023
Finland's Neste has scheduled a major turnaround at its 200,000 bpd refinery in Porvoo next spring...
13 Dec 2023
Crude oil futures in European trading hours Wednesday were bouncing around five-month lows after benchmarks tumbled more than 3%....
13 Dec 2023
A bullish US stock report helped lift crude and product prices Wednesday, which came shortly after OPEC...
13 Dec 2023
US distillate fuel stocks rose for a fourth consecutive week to reach a near two-month high last week as net exports,,,
13 Dec 2023
The arbitrage opportunity of shipping fuel oil from Europe to Asia has increased sharply in the past week as strong purchases by...
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