Latest News
5 Dec 2023
Marathon Petroleum was forced into an emergency shutdown of an unspecified unit at its 363,000 bpd LA refinery...
5 Dec 2023
The US Energy Information Administration (EIA) has revised upward its figures for oil shipments transiting through two crucial Middle East...
5 Dec 2023
Low sulfur fuel oil futures (LSFO) in China traded lower for the third consecutive session on Tuesday after...
4 Dec 2023
Crude oil futures Monday were under further downwards pressure after last week's fresh round of OPEC+ cuts did little to address...
4 Dec 2023
Crude futures slumped 4% on Monday and with it any remnants of support from last week's OPEC+ cuts...
4 Dec 2023
Global airline capacity rose this week as a boost in ski travel demand in Europe more than offset weaker demand in Asian domestic markets, while the end of year outlook remained unchanged...
4 Dec 2023
Naphtha refinery margins in northwest Europe hit their widest in eight months on Monday in line with structure...
4 Dec 2023
Brazil's crude exports and production pulled back from recent record highs in October...
4 Dec 2023
European natural gas prices slumped by almost 8% Monday, as milder temperatures returned following last week's brief cold snap...
4 Dec 2023
Marine fuel prices in Singapore hit their lowest levels in over four months on Monday as a November rally continued to unwind, with...
4 Dec 2023
The US will take advantage of recent lower oil prices and step up the buying program to replenish its SPR...
4 Dec 2023
TotalEnergies reported flaring at its 240,000 bpd Gonfreville refinery in Normandy at the weekend...
4 Dec 2023
Volumes of Eurobob gasoline traded in the ARA hit a three-month high last month as suppliers turned...
4 Dec 2023
A monthly boost in Spanish diesel demand in November partly offset a seasonal decline in gasoline demand to limit the...
4 Dec 2023
Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...
4 Dec 2023
Asian crude prices Monday were sharply lower as global oil markets continued to tumble following the OPEC+ meeting, with the price drop...
4 Dec 2023
North American drilling activity nudged higher for a third consecutive week although the gains were again modest...
4 Dec 2023
Money managers reduced some of the bearish positioning built up ahead of last week's chaotic OPEC+ meeting...
4 Dec 2023
Kuwait's Al-Zour refinery is now fully operational after a third and final CDU was brought online over the weekend...
4 Dec 2023
China's state-owned oil and gas producer PetroChina has discovered a new oil reserve in the western part of the country...