Latest News

21 Nov 2023
Bunker demand took a hit through the third quarter as a slowdown in global trade flows weighed on the market even as prices fell...
21 Nov 2023
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...
21 Nov 2023
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...
21 Nov 2023
European diesel arrivals are expected to rebound this month on higher exports from the Middle East and India...
21 Nov 2023
Benchmark Dubai crude moved higher for a second session Tuesday while outpacing Brent again, a move that was enough to eat into...
21 Nov 2023
Norway's oil output recovered 4% in October from September's three-month lows as overrunning summer maintenance at major...
21 Nov 2023
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...
21 Nov 2023
European car buyers are increasingly preferring hybrids over pure electric vehicles amid concerns...
21 Nov 2023
QatarEnergy has awarded its monthly Al Shaheen tender for January loading at sharply lower premiums versus the previous month...
21 Nov 2023
Beijing has announced a new programme to promote the use of biodiesel in pilot areas across the country and to include...
20 Nov 2023
Crude futures jumped more than $3/b on Monday as expectations build that OPEC+ will extend product cuts...
20 Nov 2023
Crude oil futures Monday were climbing higher, extending the previous session's 4% rebound on growing expectations that OPEC+ will at least...
20 Nov 2023
The price of lower sulfur fuel oil  in Europe mostly used to power the world's ships...
20 Nov 2023
President Biden's top energy adviser does not expect Middle East oil producers to 'weaponise' energy despite growing frustrations over...
20 Nov 2023
Domestic flight bookings dropped to their lowest since March this week, travel data company OAG said Monday...
20 Nov 2023
The gasoil-jet fuel regrade in Asia is trading near parity as winter heating season has picked up and driven demand for kerosene...
20 Nov 2023
Gasoline's premium over naphtha has sunk to its lowest since March in northwest Europe
20 Nov 2023
Marine fuel oil exports from China fell for the second consecutive month as refiners faced a shortage of export quotas towards...
20 Nov 2023
North American drilling activity nudged up for the first time this month but the rig count remains sharply lower on the year...
20 Nov 2023
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...
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