Latest News
11 Dec 2023
Vietnam's oil product imports slipped to a 15-month low in November as diesel demand dropped into the year-end, with gasoline...
11 Dec 2023
Seasonal restocking accelerated last month as European refineries ran more crude after a heavy...
11 Dec 2023
Backwardation at the front of the gasoline paper curve has been flattened to leave the M1/M2 spread at its tightest levels in a year as...
11 Dec 2023
North American drilling activity edged higher for a fourth consecutive week although the gains were again modest...
11 Dec 2023
A UN political agreement meant to map out how nations are to cut emissions over the next two decades has dropped direct references to...
11 Dec 2023
River barge traffic around the German town of Maxau, near Stuttgart, is facing a halt later on Monday as melting alpine...
11 Dec 2023
US producer Occidental Petroleum has agreed to buy the independent shale driller CrownRock...
11 Dec 2023
Fitch Ratings has raised its oil price forecast for 2024, making a case that tightening OPEC+ discipline will keep markets in deficit...
11 Dec 2023
Asian crude values increased for a second session as East-of-Suez markets continued to pull away from recent five-month lows Monday, while demand from...
11 Dec 2023
Combined net length on WTI and Brent futures sank to their lowest in more than ten years in the aftermath...
10 Dec 2023
UN negotiators continued to whittle down, or in some cases ramp up, the number...
10 Dec 2023
UN negotiators will very likely in 11 months time be packing their bags to hold two-week long...
8 Dec 2023
Crude oil futures Friday were higher having rebounded from the previous-session's five-month lows...
8 Dec 2023
Brent futures were trading higher Friday, but ended the week sharply lower on concerns over next year's
8 Dec 2023
The US Department of Energy has issued its latest tender to rebuild its Strategic Petroleum Reserve...
8 Dec 2023
OPEC and its allies, referred to as OPEC+, cut crude oil production by 110,000 bpd in November, with Iraq making the largest contribution...
8 Dec 2023
The World Shipping Council has identified four cornerstones needed to deliver the International Maritime Organization's (IMO) target...
8 Dec 2023
A surge in oil and gas earnings helped commodities trader Trafigura book another record year of profits, the company...
8 Dec 2023
A continued influx of diesel from the Middle East and Asia pressured European diesel cargo refining margins to their lowest...
8 Dec 2023
Marine fuel and HSFO flat prices were under pressure through the week and touched multi-month lows amid weakness in the wider...