Latest News

11 Oct 2023
ExxonMobil has agreed to buy Pioneer Natural Resources in a $59.5 billion deal that will boost the company's presence in the US shale...
11 Oct 2023
Arbitrage economics allowing diesel exports to Europe from Asia worsened this...
11 Oct 2023
The Nghi Son refinery in Vietnam has restarted a week earlier than planned after...
11 Oct 2023
Asian crude oil prices Tuesday were marginally lower but consolidating the week's gains, while gasoil cracks...
11 Oct 2023
Oil product stocks rebounded 6% last week thanks to a big build in light end inventories, although overall availability remained just...
11 Oct 2023
Scheduled maintenance has started on the 310,000 bpd MiRO refinery in Germany...
11 Oct 2023
South Korea is considering a further expansion of its crude oil stockpile as the ongoing clash...
11 Oct 2023
Qatar's state energy giant QatarEnergy and US-based Chevron Phillips Chemical (CPChem) have secured large financing for their joint...
10 Oct 2023
Crude futures eased on Tuesday as traders weighed demand concerns with...
10 Oct 2023
British energy major BP said it is committed to reaching its previously set out climate targets ahead of a two-day...
10 Oct 2023
Brazil's Petrobras said on Tuesday its domestic refineries reached 95.8% utilisation...
10 Oct 2023
Crude oil futures Tuesday were slightly lower but markets remained choppy with the initial turmoil in Israel largely priced in....
10 Oct 2023
A persistent rally in crude oil prices could impact already anaemic economic...
10 Oct 2023
Seasonal restocking gathered pace last month as European refineries stepped up processing...
10 Oct 2023
Naphtha is pointing again towards Asia from Europe as its competitiveness versus alternative...
10 Oct 2023
he suspension of natural gas production at the Tamar field off the coast of southern coast of Israel is having a major impact on European gas prices...
10 Oct 2023
Vietnam's September crude imports slipped almost a fifth in September as scheduled refinery maintenance knocked out demand from the...
10 Oct 2023
Freight rates to ship barges along the Rhine River soared this week to hit two-month highs as demand picked up after...
10 Oct 2023
Asian oil prices continued to rebound Monday, with investors factoring a risk premium after...
10 Oct 2023
Mexico's state-owned oil company has targeted crude throughput of 1.6 million bpd in 2024...
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