Latest News

Bunker demand took a hit through the third quarter as a slowdown in global trade flows weighed on the market even as prices fell...

India's shipping industry is waiting on further direction from the foreign ministry on the handling of Russian tankers in breach of US and G7 sanctions...

Iran will be producing 3.6 million bpd of crude oil by March as the sanctioned country ramps up production, oil minister Javad Owji said...

European diesel arrivals are expected to rebound this month on higher exports from the Middle East and India...

Benchmark Dubai crude moved higher for a second session Tuesday while outpacing Brent again, a move that was enough to eat into...

Norway's oil output recovered 4% in October from September's three-month lows as overrunning summer maintenance at major...

China's market watchdog on Tuesday lowered domestic ceiling prices for gasoline and diesel for the fourth time in a row, in its biggest cut since...

European car buyers are increasingly preferring hybrids over pure electric vehicles amid concerns...

QatarEnergy has awarded its monthly Al Shaheen tender for January loading at sharply lower premiums versus the previous month...

Beijing has announced a new programme to promote the use of biodiesel in pilot areas across the country and to include...

Crude futures jumped more than $3/b on Monday as expectations build that OPEC+ will extend product cuts...

Crude oil futures Monday were climbing higher, extending the previous session's 4% rebound on growing expectations that OPEC+ will at least...

The price of lower sulfur fuel oil  in Europe mostly used to power the world's ships...

President Biden's top energy adviser does not expect Middle East oil producers to 'weaponise' energy despite growing frustrations over...

Domestic flight bookings dropped to their lowest since March this week, travel data company OAG said Monday...

The gasoil-jet fuel regrade in Asia is trading near parity as winter heating season has picked up and driven demand for kerosene...

Gasoline's premium over naphtha has sunk to its lowest since March in northwest Europe

Marine fuel oil exports from China fell for the second consecutive month as refiners faced a shortage of export quotas towards...

North American drilling activity nudged up for the first time this month but the rig count remains sharply lower on the year...

Asian crude oil markets rebounded strongly at the start of the week from the four-month lows set in the previous session, a move that ate into...