Latest News

23 Nov 2023
More than 61,000 bpd or around 3% of oil production in the US Gulf has been shut-in after a pipeline leak...
23 Nov 2023
The restart of Iraq's northern oil pipeline that runs via Turkey has missed yet another deadline, with talks between the federal government and...
23 Nov 2023
The oil and gas industry has a key role to play in the development of the carbon capture, utilisation and storage (CCUS), but...
23 Nov 2023
The Czech Republic has signed a deal access to annual capacity of 2 billion...
23 Nov 2023
Gasoline cracks in Asia touched a two-month high during trade on Thursday as a big drawdown in Asian stocks and weaker crude helped to...
23 Nov 2023
Seasonal gasoline demand in the EU's third biggest economy hit a seasonal...
23 Nov 2023
Russia has abolished a ban on summer-grade diesel exports, introduced in September but watered...
23 Nov 2023
Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in February at a premium of...
23 Nov 2023
Motiva and Valero are both expected to start major works at their Texas refineries in January 2024...
23 Nov 2023
Asian crude oil markets closed lower Thursday after a hectic 24 hours led to wild swings after OPEC+ delayed this weekend's planned...
23 Nov 2023
Singapore's fuel oil stocks jumped 15% last week amid supply tightness set to run into the new year, while a big drop in light end stocks left...
23 Nov 2023
India's product exports eased on the month in October as seasonal refinery maintenance peaked, but were up on...
22 Nov 2023
Crude was under pressure Wednesday as fractures appeared in the OPEC+ alliance...
22 Nov 2023
Crude oil futures Wednesday were in sharp retreat, amid concerns that the fragile OPEC+ alliance may be splintering over disagreements on production cuts...
22 Nov 2023
US commercially held crude oil stocks jumped to a four-month high by mid-November as imports climbed over 6.5 million bpd for the first time in two months, more than...
22 Nov 2023
US distillate stocks fell for the eighth straight week last week, according weekly...
22 Nov 2023
US gasoline restocking resumed last week as demand fell further from recent highs and net exports declined...
22 Nov 2023
This weekend's planned OPEC+ meeting was thrown into disarray Wednesday, as policy disagreements emerged...
22 Nov 2023
Cracker utilization rates in Japan reached a six-month high in October, but remain well below average...
22 Nov 2023
Petroineos is to close Scotland's only refinery within 18 months amid plans to convert the century-old Grangemouth...
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