Latest News

17 Jul 2023
A UN-chartered vessel has arrived off the coast of Yemen in a bid to offload over 1 million barrels of crude oil from an abandoned tanker...
17 Jul 2023
Chinese throughput of crude rose 2% in June versus May, despite a slowing economy...
14 Jul 2023
Crude narrowly held on to recent gains to end the day above $80/b...
14 Jul 2023
Crude oil futures eased back Friday as the week's firm rally ran out of steam, promoting a pre-weekend selloff as not even protests in Libya...
14 Jul 2023
Recent trends were maintained in the fuel oil market this week as the Hi5 continued to crunch, with the spread ending the...
14 Jul 2023
Diesel cargo cracks in Northwest Europe broadly flatlined on the week, torn between the loss of...
14 Jul 2023
Gasoline firmed in both Asia and Europe this week on signs of tight supply
14 Jul 2023
European natural gas prices slumped to six-week lows Friday as swollen storage capacity prompted concerns that future deliveries...
14 Jul 2023
China's crude oil imports are expected to soften after hitting a three-year high last month...
14 Jul 2023
Benchmark Dubai prices increased by over 5% during the week as resurgent markets lifted prices to the highest levels since late April...
14 Jul 2023
Fuel sales in the world's biggest bunkering hub slipped to a four-month low in June, with a drop in LSFO demand leading...
14 Jul 2023
Bunker sales in Panama in June slipped to their lowest level since last September, with rising HSFO prices leaving port...
14 Jul 2023
Dubai crude posted yet another gain Wednesday, the eighth in a row, while diesel cracks ease...
14 Jul 2023
Protests at several oilfields in Libya have threatened to shut in up to 370,000 bpd of crude oil production, the latest in...
14 Jul 2023
The number of passengers handled by Indian airlines rose 19% in June compared with a month earlier...
14 Jul 2023
An explosion and subsequent fire at Ineos' petrochemicals site in Bayou, Texas has been contained...
14 Jul 2023
Forecasts of heavy storms across most of Germany this weekend will boost water levels on the Rhine River...
14 Jul 2023
Nigeria's oil output rebounded again last month and further from lows seen in April...
14 Jul 2023
Shell's Nigerian subsidy has suspended loadings of Forcados crude oil after reports of a leak...
13 Jul 2023
Crude oil futures remained north of $80/b on Thursday as the market continued to digest news of calming US inflation...
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