Latest News

25 Oct 2023
US distillate fuel stocks hit a four-month low by mid-October as exports bounced back above 1 million bpd, although...
25 Oct 2023
US crude oil inventories saw a slim build last week as net import figures showed a pickup in overseas barrels landing, while domestic...
25 Oct 2023
The December gasoil EFS continued to narrow on Wednesday, crunching another $2.25/mt to -$28.50/mt as Asian prices remain under...
25 Oct 2023
Dutch storage company Vopak boosted its 2023 earnings outlook as it benefited from growing oil demand and the recent...
25 Oct 2023
Thailand's crude oil and natural gas condensate imports rebounded in September as importers took advantage of a summer lull in global...
25 Oct 2023
Some of the world's leading car manufacturers have scaled back plans to boost production of electric vehicles...
25 Oct 2023
Asian crude markets Wednesday were lower for a third session as oil prices broadly remained under pressure, although that was not enough...
25 Oct 2023
Fuel oil stocks in Fujairah fell by almost a quarter last week as a selloff left prices down and tempted buyers back into the market, weekly data...
25 Oct 2023
Jet fuel's premium over diesel in northwest Europe reached its highest since February this week...
25 Oct 2023
Japan's product stocks slipped from recent highs led by a sharp drop in diesel and jet...
25 Oct 2023
US crude oil stocks posted an unexpected drop for the week ending 20 October while refined products also declined...
25 Oct 2023
The Chinese government trimmed fuel ceiling prices for the second time in a row as the crude oil market continued to soften owing to...
24 Oct 2023
Crude oil futures Tuesday were sliding lower and while the Middle East conflict continued to dominate market sentiment with diplomacy...
24 Oct 2023
Crude continued its slide on Tuesday as diplomatic efforts to ease tensions in the Middle East...
24 Oct 2023
Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...
24 Oct 2023
Iraq has unveiled plans to cut greenhouse gas emissions associated with gas flaring, which it said will be the…
24 Oct 2023
MEPs leading the EU parliament's proposal for ending the sale of fossil-fuelled trucks and lorries via GHG reduction targets voted...
24 Oct 2023
Structure in the Asian gasoil swaps curve has flattened to its shallowest in almost three months as a period of heavy refinery turnarounds...
24 Oct 2023
Iran has again increased Official Selling Prices for its flagship Iranian Light grade, as Tehran's crude exports...
24 Oct 2023
Pakistan's national carrier was forced to cancel nearly all its flights on Sunday after the state...
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