Latest News

6 Sep 2023
Asian crude prices Wednesday raced to fresh yearly highs following confirmation that Saudi will extend output cuts...
6 Sep 2023
The G7 and its allies have postponed regular reviews of the Russian oil price cap despite oil prices rocketing to yearly...
6 Sep 2023
Crude oil futures Wednesday eased back from the previous-session's yearly highs...
6 Sep 2023
Fuel oil stocks slumped in Fujairah last week as lower prices stimulated buying activity, with middle distillate stocks also...
6 Sep 2023
China has kept its domestic gasoline and diesel prices unchanged for...
6 Sep 2023
Road fuel deliveries at Exolum terminals in Spain climbed last month on the back of higher gasoline demand...
6 Sep 2023
Gasoline and jet stocks fell last week in Japan as domestic refinery runs slowed...
5 Sep 2023
Saudi Aramco has increased premiums on Official Selling Prices (OSPs) for October-loading crude to Asia...
5 Sep 2023
Crude oil futures in Asian trading hours Tuesday eased back as markets paused ahead of Saudi's expected announcement on October output policy...
5 Sep 2023
Crude prices topped $90/b for the first time since last November after Saudi Arabia and Russia extended...
5 Sep 2023
BP boss Bernard Looney said the energy major will not walk back any further on its energy transition plans after relenting to...
5 Sep 2023
A potential rise in gasoline exports from China will likely be delayed until Q4 as domestic demand...
5 Sep 2023
The world's two largest oil exporters – Saudi Arabia and Russia – will extend voluntary output cuts...
5 Sep 2023
The maximum volume of cargo river barges can carry along the Middle Rhine chokepoint of Kaub will fall...
5 Sep 2023
The spread between naphtha in Asia and northwest Europe has flattened to nearly nothing...
5 Sep 2023
Austrian refiner OMV began running a new biofuels plant at its Schwechat refinery two weeks ago and plans to bring a plastics...
5 Sep 2023
Asian crude prices Tuesday eased slightly from the previous session's 10-month highs, which helped to halt middle...
5 Sep 2023
Mexico's Olmeca refinery in Dos Bocas will produce 295,000 bpd of gasoline and diesel but no fuel oil...
4 Sep 2023
Brent crude oil futures consolidated gains at the start of the new week and pushed closer to $89/b on...
4 Sep 2023
Global airline capacity crunched 2.4% on the week as demand was hit by the end of the peak summer...
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