Latest News
29 Aug 2023
Italian energy major ENI has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d'Ivoire...
29 Aug 2023
Dubai crude prices Tuesday were marginally lower as the October trading cycle heads to a close, while middle distillates...
29 Aug 2023
Shipments of US WTI to Europe are on course for a record 1.9 million bpd in August, surpassing the previous record...
29 Aug 2023
China's state-owned refining giant Sinopec is expecting its sales of refined oil products in the domestic market to grow in...
28 Aug 2023
Crude oil futures Monday were marginally lower, although largely consolidated Friday's late gains...
28 Aug 2023
North American drilling activity slumped to a fresh 18-month low, dropping for a seventh consecutive week...
28 Aug 2023
Prompt European natural gas futures were holding at firmer levels Monday as possible strike action by Chevron...
28 Aug 2023
Asian jet fuel cracks continued to rise at the start of the week and the regrade to diesel narrowed to its smallest since...
28 Aug 2023
Dubai crude prices Monday were marginally higher but lost ground to Brent, while middle distillates continued to show...
28 Aug 2023
Mexico's crude oil exports slipped from a record high from June to July, with a falling demand from European and...
28 Aug 2023
The Chinese government has issued a new batch of export quota for refined oil products as the country looks to boost...
28 Aug 2023
Thailand's crude oil and natural gas condensate imports slipped in July, with monthly customs data showing 36.8 million...
28 Aug 2023
Money managers cut their net long positions in crude...
28 Aug 2023
Goldman Sachs expects the Brent-WTI to remain close to the narrower ranges seen recently, while the addition of WTI...
25 Aug 2023
Crude oil futures Friday were slightly higher amid growing expectations that Saudi Arabia would...
25 Aug 2023
Crude futures were higher on Friday but ended the week marginally lower, while gasoil cracks...
25 Aug 2023
The Biden administration on Friday said indicated that it might provide funding for expanding carbon dioxide...
25 Aug 2023
High sulfur fuel oil finally showed signs of easing from its recent highs as cracks fell amid a big uptick in supply in Asia...
25 Aug 2023
Emergency crews were responding to a fire at a storage tank and a naphtha release at Marathon Petroleum's...
25 Aug 2023
Middle East and Asian crude ended the week slightly higher, shrugging off a number of negative indicators as...