Latest News

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...
22 Nov 2023
The difference between marine fuel prices in Asia and Europe contracted sharply during trade on Wednesday, with signs emerging of profit...
22 Nov 2023
Iran has again increased Official Selling Prices for its flagship Iranian Light grade...
22 Nov 2023
At least seven oil producers in the US Gulf have been shut-in as cleanup operations and an investigation...
22 Nov 2023
Benchmark Dubai crude moved higher for a third session Wednesday on growing expectations that OPEC+ will further trim output, while the rally...
22 Nov 2023
The southern Rhine reopened for river barges on Wednesday after high water levels halted the flow of goods between the...
22 Nov 2023
Mexico's newest refinery, and President Obrador's flagship project, the Olmeca plant in...
22 Nov 2023
Maersk said Wednesday that it had agreed to a world first large-scale green methanol offtake agreement, with the container shipping giant...
22 Nov 2023
A 1.77-million-barrel jump in fuel oil stocks lifted product levels in Fujairah last week, with smaller rises also seen for light end and middle...
22 Nov 2023
Personal mobility in and out of China's 100 major cities rebounded strongly to the highest level since mid-October this year despite consumer demand for travelling sank after...
22 Nov 2023
US crude oil stocks posted a sharp increase for the week ending 17 November, while key refined products were lower...
22 Nov 2023
Gasoline stocks in Japan during the week ending 18 November reversed lower as output slid for...
22 Nov 2023
Prices for liquified natural gas (LNG) in China have jumped to the highest level since the beginning of spring this year as...
21 Nov 2023
Crude futures gave up some of their recent gains on Tuesday as attention remains focused on this week's OPEC+...
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