Latest News

The price of marine fuel in Singapore remained under pressure in Singapore on Tuesday as cargo prices slumped to their lowest levels in four...

Asian crude prices Tuesday were marginally higher but largely tracking Brent with markets waiting for news on OPEC+, while marine fuel prices...

Brazil's Petrobras has terminated the sale of its LUBNOR refinery in northeastern Brazil, after the state-run company

Production at the troubled Prelude floating LNG plant off Western Australia is expected to resume after an extended outage...

US refiner Chevron is restarting operations at its Richmond refinery after a power outage...

Chinese refiners should pivot towards more sustainable aviation fuel (SAF) development to address oil refining overcapacity...

Crude oil futures Monday were marginally lower as  markets remained choppy amid uncertainty around OPEC+ and the group's attempts...

Crude futures fell back towards $80/b on Monday as uncertainty over this week's delayed OPEC+ meeting dragged on...

Swedish refiner Preem will start the conversion of a diesel unit at its Lysekil refinery to biofuel production this year...

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...

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...

Global air travel returned to its pre-Thanksgiving trend this week, with demand for both international...

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...

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...

Crude throughputs at Mexico's ailing refineries collapsed to a three-year low last month...

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...

North American drilling activity nudged higher for a second consecutive week although the gains were again modest...

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...

Loading of Russian and Kazakh crude oil and products was halted over the weekend after severe storms battered the Black Sea and...

Money managers reduced net length on ICE Brent crude in the days before last week's OPEC+ meeting fell apart...