Latest News
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...
30 Nov 2023
Asian gasoline paper cracks touched their highest level in more than two months against crude futures during trade on Thursday, with...
30 Nov 2023
Diesel held in the ARA trading and blending hub unwound much of the previous week's sharp build...
30 Nov 2023
OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...
30 Nov 2023
Saudi Aramco has kept its contract prices for LPG delivered to clients in Asia steady for December, with the move coming despite spot prices...
30 Nov 2023
The Caspian Pipeline Consortium (CPC) resumed loadings at the Black Sea terminal of Novorossiysk on Thursday...
30 Nov 2023
China's state-owned marine fuel producer SInobunker has completed its first bio marine fuel bunkering for a...
30 Nov 2023
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
30 Nov 2023
Asian crude prices Thursday were sharply up as prices raced to a three-week high ahead of the OPEC+ meeting, while the drop in marine fuel...
30 Nov 2023
Operations are being restored at Imperial Oil's 120,000 bpd Sarnia refinery after a power outage...
30 Nov 2023
Norway's Equinor has agreed to sell its Nigerian business, including its share in the Agbami oil field...
30 Nov 2023
UK gasoline stocks rose to a six-month high in September as exports slowed and imports picked up and despite deliveries jumping to pre-Covid levels as they overtook...
30 Nov 2023
Dwindling domestic demand and increased competition from more advanced competitors is bad news...
30 Nov 2023
Fuel oil stocks fell by over 1 million barrels in Singapore last week as tight supply drew inventories from storage, with trade figures...
30 Nov 2023
Kerosene deliveries in Japan surged in October compared to the previous month as heating demand jumped during...
29 Nov 2023
Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...