Latest News
28 Nov 2023
The price of marine fuel in Singapore remained under pressure in Singapore on Tuesday as cargo prices slumped to their lowest levels in four...
28 Nov 2023
Asian crude prices Tuesday were marginally higher but largely tracking Brent with markets waiting for news on OPEC+, while marine fuel prices...
28 Nov 2023
Brazil's Petrobras has terminated the sale of its LUBNOR refinery in northeastern Brazil, after the state-run company
28 Nov 2023
Production at the troubled Prelude floating LNG plant off Western Australia is expected to resume after an extended outage...
28 Nov 2023
US refiner Chevron is restarting operations at its Richmond refinery after a power outage...
28 Nov 2023
Chinese refiners should pivot towards more sustainable aviation fuel (SAF) development to address oil refining overcapacity...
27 Nov 2023
Crude oil futures Monday were marginally lower as markets remained choppy amid uncertainty around OPEC+ and the group's attempts...
27 Nov 2023
Crude futures fell back towards $80/b on Monday as uncertainty over this week's delayed OPEC+ meeting dragged on...
27 Nov 2023
Swedish refiner Preem will start the conversion of a diesel unit at its Lysekil refinery to biofuel production this year...
27 Nov 2023
Libya needs $17 billion worth of investment in its oil infrastructure over the next five years to boost its oil production to 2 million bpd...
27 Nov 2023
European natural gas prices were down by over 5% Monday, as futures prices drifted to towards the lower end of November's narrow trading range...
27 Nov 2023
Global air travel returned to its pre-Thanksgiving trend this week, with demand for both international...
27 Nov 2023
Thailand's crude oil imports slumped by almost a quarter on the month in October to less than 1 million bpd for only the third time in the lasT...
27 Nov 2023
Sri Lanka has given the go-ahead to a Sinopec plan to invest $4.5 billion to build a refinery in the country, the energy minister said Monday...
27 Nov 2023
Crude throughputs at Mexico's ailing refineries collapsed to a three-year low last month...
27 Nov 2023
Asian crude prices Monday were lower as East-of-Suez markets played catch up with Friday's late Brent retreat, while firming jet fuel prices...
27 Nov 2023
North American drilling activity nudged higher for a second consecutive week although the gains were again modest...
27 Nov 2023
The EU's plans to charge shipping companies for their emissions inside the bloc have been hit with a last-minute challenge, with some members...
27 Nov 2023
Loading of Russian and Kazakh crude oil and products was halted over the weekend after severe storms battered the Black Sea and...
27 Nov 2023
Money managers reduced net length on ICE Brent crude in the days before last week's OPEC+ meeting fell apart...