Latest News

2 Dec 2023
A pledge on day three of UN climate talks from major oil companies to reduce their emissions, rather than give firmer...
2 Dec 2023
US environmental regulators on Saturday said they would pass new measures...
1 Dec 2023
Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...
1 Dec 2023
High sulfur fuel oil prices managed to draw a line under their recent weakness as fresh import quotas for Chinese independent refiners...
1 Dec 2023
Gasoline was flat this week as a well-supplied Atlantic basin offsets firmer demand from east of Suez...
1 Dec 2023
Sweden's parliament has voted narrowly in favour of huge cuts to GHG reduction targets in road fuels starting in January that are...
1 Dec 2023
Ultra-low sulphur diesel (ULSD) loadings at the Russian Baltic port of Primorsk are set to rise 25% on the month...
1 Dec 2023
European diesel cracks neared five-month lows this week on the back of weak...
1 Dec 2023
Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...
1 Dec 2023
Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...
1 Dec 2023
An end-week selloff saw Asian crude prices decline for a fifth week out of the last six, as the latest round of OPEC+ cuts...
1 Dec 2023
Strong seasonal demand for gasoline and jet helped push Spanish fuel demand higher on the year last month...
1 Dec 2023
otalEnergies has agreed to sell its 36.36% minority stake in the South African Natref refinery to UK energy firm Prax...
1 Dec 2023
US production of crude and NGLs came in at just shy of 20 million bpd in September, the latest EIA monthly
1 Dec 2023
The US Department of Energy (DOE) has booked 2.73 million barrels of crude oil via a tender that closed last month, securing further stocks...
1 Dec 2023
OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...
1 Dec 2023
Commercial stocks of refined oil products in China slumped to the lowest level in two months after...
30 Nov 2023
Crude oil futures Thursday were sharply lower despite OPEC+ seemingly agreeing to deeper cuts next year for next year after reaching a last-minute deal...
30 Nov 2023
Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...
30 Nov 2023
The average price for benchmark Middle East Dubai was lower in November for a second  month, although most of the losses were racked up...
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