Latest News

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...
4 Oct 2023
Russia's government could ease the ban on diesel exports as soon as Wednesday, 4 October, according...
4 Oct 2023
The third unit of Kuwait's Al Zour refinery is set to be fully operational by the end of October as the third and final unit at the massive...
4 Oct 2023
US crude oil stocks posted an unexpectedly steep drop, although a build in refined products largely offset...
3 Oct 2023
Crude oil futures Tuesday were slightly higher after rebounding from earlier lows, but markets were again weighed...
3 Oct 2023
Crude futures and refined products were down across the board on Tuesday, as concerns over...
3 Oct 2023
Switzerland-based carbon registry Gold Standard is seeking views on a proposed change to a methodology that would allow carbon credits to be generated from…
3 Oct 2023
Gasoline cracks in Asia are trading near their lowest levels so far in 2023 as the market remains under pressure from ample supply in the...
3 Oct 2023
European natural gas continued to tumble sharply this week, as unusually-mild autumnal temperatures across much of the continent offset...
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