Latest News

Brent crude futures topped $95/b on Tuesday for the first time since last November as the market races...

European natural gas futures spiked in late trading Tuesday after Norwegian authorities announced a further delay to the restart...

Norway's Equinor is preparing to shut a gasoline-making FCC unit for maintenance at its Mongstad refinery

Around 85 offshore workers employed by Petrrofac have called a six-day strike next month on installations operated...

Dutch terminal and storage company Vopak will sell its Rotterdam chemicals, oil products and biofuels terminals to...

Indian crude oil imports slowed in August but were up 6.6% on the year, while jet fuel and fuel oil shipments...

Azerbaijan's crude oil output slipped slightly in August to around 498,000 bpd, leaving production in the Caucasian OPEC+...

India has cut taxes for domestic producers exporting jet fuel and diesel in a move that should help..

Iran has again increased Official Selling Prices for its flagship Iranian Light grade, as Tehran's crude exports...

Asian crude prices were steady Tuesday as markets paused...

Australia's demand for road fuels fell in July, driven by sharp seasonal declines in both diesel and gasoline...

Saudi Aramco President & CEO Amin Nasser has called for action to avert a more serious energy crisis, while pushing back on...

US shale crude production is forecast to drop for the third straight month in October, according to...

Chinese imports of naphtha soared to a new record...

China's state-backed refining giant Sinopec has received a green light from the government to start building a new...

Crude oil futures Monday maintained the month's firm momentum, as concerns over tightening markets in the fourth quarter...

Saudi Arabia's energy minister Prince Abdulaziz bin Salman has defended OPEC+ cuts...

Brent crude futures added to recent gains on Monday as tight supplies took centre stage again...

Iran's Minister of Petroleum said that sanctions imposed by the US and its European allies on the country's oil and gas sector...

Backwardation in the Asian fuel oil swaps market slumped to its lowest since late June at the start of the week, with a rise...