Latest News
17 Nov 2023
China's Zhejiang Petroleum and Chemical Corp (ZPC) is heard reselling their...
16 Nov 2023
Crude futures sank nearly 5% on Thursday and slipped to a small contango at the front of the curve...
16 Nov 2023
Crude oil futures European trading hours Thursday extended the previous session's selloff as the latest report from the EIA revealed a steep build...
16 Nov 2023
Fujairah's bunker fuel nudged 0.7% higher in October versus a month earlier...
16 Nov 2023
Spanish oil company Cepsa swung back to profit in the third quarter as higher energy prices...
16 Nov 2023
Crude output in Saudi Arabia rose 1% in September, but stayed below 9 million...
16 Nov 2023
The crack for cargoes of marine fuel 0.5% in Asia hit their highest level in 15 months during trade on Thursday, with the unexpected shutdown...
16 Nov 2023
LNG markets are set to remain volatile for several more years, while new supply projects catch up with soaring demand....
16 Nov 2023
The European naphtha market has slipped into backwardation as prompt supplies tighten on a strong pull from Asia...
16 Nov 2023
Asian oil markets were in retreat Thursday as the steep build in US crude stocks sent ripples across the market, a move that...
16 Nov 2023
Light end inventories jumped 11% in a busy week in Singapore, while middle distillate stocks hit a two-year high and fuel oil inventories slumped...
16 Nov 2023
French road fuel demand dipped 0.5% on the year in October, as a seasonal bounce in diesel demand...
16 Nov 2023
Diesel output from Chinese refiners continued to rise for a fourth consecutive month in October even as weaker demand was seen in the...
16 Nov 2023
The US Biden administration has extended by four months a sanctions waiver which allows Iraq to continue with purchase of power and gas from Iran...
16 Nov 2023
US commercially-held crude oil stocks jumped to a two-month high last week as imports remained above the 6.3 million bpd mark over the prior fortnight, more than...
16 Nov 2023
US energy major Exxon Mobil is ready to invest up to $15 billion in Indonesia to fund petrochemical and carbon capture and storage (CCS) projects as...
15 Nov 2023
Crude oil futures Wednesday were sliding lower, as oil benchmarks were unable to hold the week's modest gains after failing to establish...
15 Nov 2023
Brent fell on Wednesday as disappointing China data was followed by a jump in US crude stocks...
15 Nov 2023
US gasoline stocks drained a massive 7.8 million barrels in the two weeks to 10 November...