Latest News

8 Aug 2023
Indian road fuel demand was dragged lower through July on seasonal monsoon rains...
8 Aug 2023
Brazilian domestic product sales eased off slightly during June after a slump in gasoline sales from May's highs...
8 Aug 2023
Swiss-based mining company and commodities trader Glencore reported Tuesday a sharp drop in 1H 2023 profits, reflecting the slump in commodities prices...
8 Aug 2023
Swiss UBS and German Commerzbank expect Brent crude oil futures to firm following the extension of...
8 Aug 2023
Product margins in northwest Europe may have already peaked as expectations of higher arrivals from the east
8 Aug 2023
China's crude oil imports slumped in July to just 10.3 million bpd, with a 19% drop in arrivals coming amid a wider miss...
8 Aug 2023
Adnoc's recently created gas unit has reported a sharp drop in second quarter net income and revenues following a slump in LNG prices...
8 Aug 2023
Polish oil pipeline operator PERN restarted westbound crude oil flows through its second of the Druzhba...
8 Aug 2023
Australia's Woodside Energy has agreed to sell a 10% stake in the giant $12 billion Scarborough LNG project...
8 Aug 2023
Around 80 offshore workers employed by Petrofac will start strike action this month on several North Sea platforms...
8 Aug 2023
TotalEnergies will shut several units including an FCC and CDU at its 238,000 bpd Port Arthur refinery...
8 Aug 2023
Middle East crude oil prices Tuesday eased back from 2023 highs, while HSFO cracks continued to slide from last...
7 Aug 2023
Crude oil futures Monday were easing, giving up part of the gains made after last week's confirmation from Saudi Arabia and Russia...
7 Aug 2023
European gasoil refiner margins were down for a second straight session Monday amid expectations that...
7 Aug 2023
Tensions on the Black Sea remained elevated at the start of the week after a second maritime drone attack struck an...
7 Aug 2023
Global airline capacity has reached its peak for the year at 116.7 million seats this week, travel data company...
7 Aug 2023
Gasoil cracks in Asia pulled back from their recent as further barrels were offered into the market from Taiwan...
7 Aug 2023
Demand for gasoline and diesel in Pakistan rebounded in June, but remained sharply below...
7 Aug 2023
Jeff Currie, global head of commodities research at Goldman Sachs, is to retire from the high-profile position after 27 years...
7 Aug 2023
State-controlled Saudi Aramco was upbeat on its outlook for oil demand, particularly in China...
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