Latest News

1 Nov 2023
Seasonal restocking gathered pace last week in Japan with sharp builds in gasoline, naphtha...
1 Nov 2023
A big jump in fuel oil stocks in Fujairah last week equivalent to over 2 million barrels was enough to offset draws in light end and middle distillate...
1 Nov 2023
Sri Lanka is set to award a multi-billion dollar contract for Sinopec to construct the country's second oil refinery...
1 Nov 2023
Production from the core OPEC members increased for a third consecutive month in October, as output discipline from GCC members of the group was offset by...
1 Nov 2023
Contract prices for Saudi Aramco's LPG customers in Asia are set to edge higher in October despite a fall in crude prices through the month...
1 Nov 2023
The number of vessels that can transit via the Panama Canal each day is to be restricted even further to just a trickle as ongoing drought...
1 Nov 2023
US crude oil stocks posted a modest increase for the week ending 27 October, although this was offset by declines in refined products...
1 Nov 2023
US crude oil production soared to a record high of over 13 million bpd in August, surpassing the previous peak...
1 Nov 2023
Chinese demand for refined oil fuel products is expected to jump in the fourth quarter of this year, according to a top executive from...
31 Oct 2023
Crude oil futures Tuesday were again drifting lower, extending the week's losses after slumping by around 3%...
31 Oct 2023
Crude ticked higher on Tuesday as Middle East tensions ratcheted up again and a deal...
31 Oct 2023
A record amount of ethanol was used in the UK in September according to provisional data released Tuesday by...
31 Oct 2023
European natural gas prices were sharply lower Tuesday, with markets focusing on localized fundamentals having seemingly priced-in...
31 Oct 2023
Marathon Petroleum expects its Galveston Bay refinery to reach full capacity by the end...
31 Oct 2023
India will cut the export duty on diesel exports by half from November 1, while it will remove the levy on jet fuel entirely...
31 Oct 2023
A shortage of river barges in ARA and on the Rhine River due to long queues and high contractual demand are...
31 Oct 2023
Turkey's crude oil imports jumped to a three-month high in September despite an ongoing dispute with the regional Kurdish government of neighbour Iraq that has crimped flows for much...
31 Oct 2023
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
31 Oct 2023
Poland's Orlen reported its worst results in six quarters on Tuesday as eastern Europe's...
31 Oct 2023
The monthly average price for benchmark Middle East Dubai was lower in October versus September versus August, as initial gains...
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