Latest News

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...
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...
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