Latest News

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...
13 Jul 2023
Refined products held in independent storage in the ARA region fell for the fifth week to their lowest since...
13 Jul 2023
OPEC maintained its bullish view for oil demand this year and into 2024 in its latest monthly report...
13 Jul 2023
US oil major ExxonMobil has deepened its involvement in the carbon capture and storage (CCS) business by acquiring...
13 Jul 2023
Crude oil futures in European trading hours Thursday were steady as benchmarks consolidated the July rebound...
13 Jul 2023
Kuwait has increased Official Selling Prices (OSPs) for its key export grades loading in August...
13 Jul 2023
Norway's Equinor was forced to close several unknown units at its 240,000 bpd refinery in Mongstad...
13 Jul 2023
Dubai crude posted a seventh consecutive gain Thursday as the July price surge showed no signs of slowing, while the...
13 Jul 2023
The EIA has downgraded its forecast for 2023 oil demand for the first time this year...
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