Latest News

14 Nov 2023
The IEA raised its oil demand forecasts for 2023 and 2024 on Tuesday, but warned on a small oil...
14 Nov 2023
OPEC+ crude production edged higher in October with Angola and Kazakhstan posting the largest increase, albeit relatively modest...
14 Nov 2023
The Hi5 spread in Asia continued to rise on Tuesday at the start of a shortened trading week, with tight supply in Singapore exacerbated...
14 Nov 2023
Jet fuel cargoes are changing hands in Northwest Europe at more than $100/mt over ICE gasoil futures...
14 Nov 2023
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude set to fall...
14 Nov 2023
Crude prices opened the shortened week on a firmer note Tuesday and was playing catchup with Brent after the long Singapore weekend, a...
14 Nov 2023
More than 3,000 construction workers in the UK energy sector, including contractors at four oil refineries...
14 Nov 2023
State-owned Petroecuador will wind down production at a major oil block in the Amazon rainforest till
14 Nov 2023
The US DoE has purchased just 1.2 million/b of crude in its latest tender to replenish the SPR...
14 Nov 2023
US output of tight oil in its major producing regions is set to slip in December from an all-time high that it touched in October as output gains...
14 Nov 2023
South Korea's largest oil refiner SK Energy has agreed to spin off its crude oil operation and shipping arm to set up...
13 Nov 2023
Crude oil futures inched higher on Monday as OPEC's monthly oil report lifted sentiment...
13 Nov 2023
Crude oil futures Monday were nudging higher as buyers looked to put a floor under the bearish trend, which initially extended into a fourth week...
13 Nov 2023
Pricing and market commentary for Asia are suspended Monday, 13 November, for the Singapore holiday...
13 Nov 2023
Travel data company OAG called a recovery in European demand for international flights on Monday...
13 Nov 2023
Demand for oil products in Spain, such as gasoline, diesel and jet, fel...
13 Nov 2023
OPEC has increased its forecast for crude oil demand in the fourth quarter...
13 Nov 2023
Nigeria's oil output reached its highest since the start of 2022 last month...
13 Nov 2023
A lack of manual workers in South Korea is delaying the construction of Saudi Aramco's biggest petrochemical project in the...
13 Nov 2023
Investors trimmed bullish bets on ICE Brent and gasoil again last week, adding to the recent sell-off...
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