Latest News

Oil markets were broadly steady on Friday after a week of aggressive selling...

Crude oil futures stabilised on Friday after a week-long sell off that saw Brent...

There was one main talking point in distillate markets this week, and...

Middle East benchmark Dubai crude posted the steepest weekly losses since December last year as economic headwinds...

A bearish EIA report was the catalyst for a sharp correction in gasoline values this week...

Norwegian oil and gas revenues will cool for a second straight year in 2024 on falling oil prices but despite an expected rise in natural gas prices and higher production levels for both...

Indonesia is looking for a new partner for its delayed refinery in Tuban, located in East Java, after Western sanctions...

Fuel oil prices were caught up in the wider crude selloff that rocked global markets this week, although tight regional supply of VLSFO was...

River barges passing the Middle Rhine chokepoint at Kaub have been limited to carrying just a third of their usual cargo as the...

A heavy refinery maintenance schedule could help shore up product cracks in the fourth quarter...

Asian crude oil prices extended the week's sharp losses Friday, with that selloff not enough to prevent further losses in the crack for...

Valero has shut a hydrotreater at its 290,000 bpd refinery in Corpus Christi after a fire...

Autumn refinery maintenance stepped up this week in the US Gulf with two of the country's..

Italian oil product demand fell on the year in August, as higher gasoline and jet fuel...

US major ExxonMobil is closing in on its acquisition of Permian's largest oil...

Russia has partially unwound a short-lived ban on diesel exports aimed at lowering domestic fuel prices, with diesel exports set to...

South Korea will consider extending its tax cut on oil products until the end of 2023 to counter high inflation if...

Oil markets sold off again on Thursday, with a sharp correction on diesel piling pressure...

Middle distillate stocks in Singapore jumped 510,000 barrels, with a third successive week of builds leaving available stocks at a two-year...

Crude oil futures Thursday extended losses following the previous-session's crash that wiped more than 5% from outright values...