Latest News

27 Oct 2023
Brazil's Petrobras reported another record-breaking quarter from its prolific pre-salt...
27 Oct 2023
The freight rate to ship goods along the entire length of the Rhine River has tumbled nearly 20% this week as water levels...
26 Oct 2023
Crude oil futures Thursday were in retreat following the previous-session's late surge, but markets remain on a heightened state of alert after Israel reiterated...
26 Oct 2023
US oil refiner Valero will ramp up its fleet of 14 refineries across the US during the fourth quarter, after its Q3 estimates came...
26 Oct 2023
Crude futures were little changed by Thursday's cash close, while diesel snapped a run of losses...
26 Oct 2023
Finnish renewable fuel producer Neste plans to sell between 500,000 mt and 1 million mt of sustainable aviation fuel (SAF) next year ...
26 Oct 2023
The east-west spread in the naphtha market continued to rise on Thursday, with the selloff in Europe on the back of elevated gas prices...
26 Oct 2023
Oil demand growth has been strong this year thanks to growth in Chinese demand and the recovery of air travel and that trend is likely...
26 Oct 2023
Diesel stocks in the ARA trading and blending hub dropped to their lowest since last December...
26 Oct 2023
Physical crude markets have come under downwards pressure during the second half of October, flagging a potential slowdown...
26 Oct 2023
Asian crude markets Thursday rebounded to register the first gains of the week, a move that ate into gasoline cracks after having pulled...
26 Oct 2023
The chief of Spain's Repsol laid into plans by the country's new government to extend...
26 Oct 2023
Dubai's Department of Petroleum Affairs has set OSP for Dubai crude loading in January at premium of $0.05/b to the average settlement of Oman crude oil futures...
26 Oct 2023
Oil product demand in India rose 8% in September compared to...
26 Oct 2023
The UK government has sharply cut a July gasoline demand figure that it previously put at an 11-year high, although that...
26 Oct 2023
Singapore's light end stocks fell to their lowest level in 18 months last week as a big week of exports was seen for gasoline, weekly...
26 Oct 2023
China is to limit its primary crude oil processing capacity in the next two years as the country looks to streamline its massive refinery industry amid...
25 Oct 2023
Crude oil futures Wednesday were surging higher as markets initially steadied after dipping to two-week lows in the previous session...
25 Oct 2023
Crude edged higher on Wednesday and pressured diesel cracks for the third straight session...
25 Oct 2023
British energy major Shell said it will cut 200 jobs in its Low Carbon Solutions business unit next year, and put a further 150...
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