Latest News

At least one person has been killed and several others injured after an explosion at the Bandar Abbas refinery...

European natural gas futures surged over 10% Monday after Norwegian authorities announced a further delay to the restart of the giant Troll gas field...

Global airline bookings rebounded 0.6% this week, driven by the upcoming Golden Week...

Russia has partially walked back a recently announced ban on overseas oil product sales, saying it will still allow higher...

Asian crude prices Monday eased slightly in flat-price terms but physical premiums surged to yearly highs following Russia's...

North American drilling activity resumed the year's downwards trend during the third week of September...

Kuwait Integrated Petroleum Industries Company (KIPC) has loaded its first shipment of diesel from...

Traders extended bullish crude bets again last week, helping prices towards $100/b amid...

French road fuel demand was dragged lower by another fall in diesel last month, as gasoline deliveries...

The arbitrage spread of selling diesel from the US to...

Crude futures Friday were slightly higher as markets consolidated after a volatile week that saw both Brent and WTI surge to 10-month highs..

Crude futures eased 0.5% on Friday by the London cash market close and were broadly unchanged...

European natural gas price soared above €40/MWh Friday on a shortfall of gas supplies to Cheniere's Sabine Pass LNG plant...

A rally in crude oil prices above the $95/b mark has weighed on residual fuel margins through the week, with the...

Gasoline fell back towards two-month lows this week as suppliers shift to lower-grade winter specs...

Middle East and Asian crude prices ended the week slightly lower as broader macroeconomic concerns weighed on markets...

River barge freight rates on the Rhine River remained static during the second half of this week as an...

It was another turbulent week for diesel prices, which had started to ease in Europe...

Asian crude prices Friday rebounded from two days of losses after Russia's ban on diesel and gasoline exports was felt...

Essar has begun maintenance at its 180,000 bpd Stanlow refinery in Cheshire, northern England