Latest News
5 Oct 2023
Saudi Aramco has increased most differentials on Official Selling Prices (OSPs) for November-loading crude to Asia...
5 Oct 2023
US oil major ExxonMobil sees a $2 billion boost to third-quarter profits on higher energy prices...
5 Oct 2023
Asian oil prices tumbled Thursday, catching up with the global slump which came after...
5 Oct 2023
Goldman Sachs has reiterated its bullish crude outlook on Thursday despite a sharp correction...
5 Oct 2023
French energy major TotalEnergies has finalized the sale of its Canadian oilsands business...
5 Oct 2023
Adnoc has sharply increased Official Selling Prices (OSPs) for November-loading crude...
5 Oct 2023
South Korea's crude oil consumption is estimated to reach a new record high this year despite firmer global oil prices boosted...
4 Oct 2023
Crude oil futures in European trading hours Wednesday were in retreat as broader financial concerns continued to dictate price movements...
4 Oct 2023
A 90% emission reduction target by 2040 in the European Union is likely to push the European carbon price to a record...
4 Oct 2023
Oil markets were in sharp retreat on Wednesday after the latest US stock report showed a massive...
4 Oct 2023
The restart of Iraq's northern oil pipeline that runs via Turkey still faces a number of hurdles, despite...
4 Oct 2023
Adnoc has awarded a contract valued at more than $400 million to Baker Hughes for the supply of...
4 Oct 2023
US distillate fuel stocks were down again in the final week of September, unwinding their previous week's gains to hit a one-month...
4 Oct 2023
Inventories increased 6.48 million barrels or 2.9% to 227.0 million barrels as of 29 September...
4 Oct 2023
US commercially held crude inventories slipped 2.2 million barrels to 414 million barrels in the week to 29 September, with private stocks...
4 Oct 2023
Asian crude prices extended losses Wednesday with a fourth consecutive decline as global benchmarks remained under pressure...
4 Oct 2023
The JMMC has reaffirmed OPEC+'s commitment to the current output policy, but the producer group said it is ready to take...
4 Oct 2023
A sharp decline in gasoline values at the start of the winter blending season has reduced...
4 Oct 2023
Oil product inventories in Fujairah hit a two-month high this week as monthly data from FEDCom and S&P Global Commodity Insights published...
4 Oct 2023
Japan's product stocks climbed last week on a sharp build in gasoline, as refinery...