Latest News

Kerosene deliveries in Japan surged in October compared to the previous month as heating demand jumped during...

Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...

Crude oil futures Wednesday were around 1% higher on the session amid choppy trading, with the deadline for a deal...

Negotiations to thrash out a compromise deal ahead of the crunch OPEC+ meeting continued throughout Wednesday, with analysts now expecting...

The Science Based Targets initiative (SBTi)is seeking experts to join an advisory group to help develop a specific standard...

Commercial crude oil stocks in the US rose despite crude oil imports slowing and crude refining picking up, blunting...

US distillate stocks rose sharply in the seven days to 24th November as a national...

Fund Elliott Investment Management has taken a $1 billion stake in US oil producer and refiner Phillips 66 and is looking to take two board...

US gasoline stocks were overall higher last week as seasonal demand declined, but continued to tighten...

Loading delays on the Black Sea continued into a third day with high winds and big waves threatening to persist through the week...

Asian naphtha cracks continued to rise and were drawing in on a seven-month high during trade on Wednesday as growing delays at the Panama...

Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...

A 1.7-million-barrel draw from residual fuel inventories in Fujairah led oil product stocks lower last week as tight supply across Asia due to...

India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...

Premiums for ULSD diesel barges over underlying futures and their equivalent cargo-sized parcels in the...

Distillates led a decline in Japan's refined product stocks last week, despite higher domestic refinery runs...

Around 61,000 bpd of US Gulf oil supply remains shut-in nearly two weeks after a pipeline leak near the mouth...

South Korea's current plan to boost its liquified natural gas (LNG) infrastructure in reaction to the ongoing war in Ukraine and...

Domestic prices for liquified petroleum gas (LPG) in China are expected to rise in December as poor refining margins...

US crude oil stocks posted a modest decrease for the week ending 24 November, while key refined products showed mixed results...