Latest News

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...
27 Nov 2023
The US navy has thwarted an attempt by suspected Houthi militants looking to seize a second Israeli-linked ship off the coast of Yemen...
27 Nov 2023
Environmental group Greenpeace has called for oil production cuts from Chinese energy companies to curb emissions as its new research accused...
27 Nov 2023
The Chinese government has issued an additional batch of 3 million mt fuel oil import quotas to private companies in a rare move to boost...
24 Nov 2023
The US government is delaying a decision on allowing more ethanol to be blended into gasoline throughout the...
24 Nov 2023
Crude futures were up for the second straight session on Friday as Brent marked its first weekly gain in five...
24 Nov 2023
Brent crude oil futures Friday were nudging higher, heading for slim weekly gains after...
24 Nov 2023
German refiner Bayeronoil has restarted two units at its 207,000 b/d Neustadt-Vohburg refinery that...
24 Nov 2023
Unlike crude, it was a relatively calm week for the diesel markets, with refining...
24 Nov 2023
Gasoline and naphtha were broadly flat this week in Europe against a backdrop of plentiful Atlantic supply
24 Nov 2023
Marine fuel prices showed signs of giving way from elevated levels seen in recent weeks, with an uptick in supply to Asia due to a favourable...
24 Nov 2023
Russian firms operating out the United Arab Emirates, primarily from Dubai, have come under tighter scrutiny from reginal banks as the US...
24 Nov 2023
Crude oil processing rates fell for the second consecutive month in Octobe.
24 Nov 2023
Asian crude oil markets rebounded strongly to register a first gain in five weeks, although the postponement of Sunday's OPEC+ meeting...
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