Latest News

Quantum Commodity Intelligence - Shell has made a fourth successful discovery offshore Namibia, with the latest exploration well confirming...

OPEC+ crude production was largely unchanged for June, which marked the second month of expanded voluntary cuts...

Crude recovered further ground on Wednesday despite a bearish set of EIA figures, with easing US inflation signals...

US crude oil stocks rebounded from last week's six-month lows, with the EIA's Weekly Petroleum Status Report showing...

US gasoline inventories were unchanged last week as a sharp jump in exports offset a slump...

US distillate stocks surged more than 4% during the seven-day period ending 7 July, as a downturn...

Adnoc has nudged up Official Selling Prices for August-loading crude, with its flagship Murban grade set at...

Malaysia's oil product output recovered from recent lows in May, as the end of a heavy...

Average gasoline and diesel prices in China rose nearly 2% this week compared to the past 10...

Extremely low water levels on Europe's main waterway has contributed to a slump in...

Goldman Sachs' chief commodities researcher has reiterated the bank's bullish outlook on oil pricing, with Brent futures poised to move up to...

Middle East crude were again higher pushing up to fresh 10-week highs Wednesday as Dubai continued the...

Spain's crude throughput slowed in May on refinery maintenance, skewed most heavily...

Fuel oil stocks slumped 10% in Fujairah last week to their lowest levels since February, with the drop coming amid rising...

US crude oil and oil product stocks rose last week during the holiday period, according to Wednesday reports...

Japan's crude throughputs fell last week for the first time since late May, contributing...

Crude oil futures Tuesday were climbing higher as Brent looked to consolidate the recent breakout level above $77.50/b...

Front month Brent crude futures ended the day at the cash market close at a 10-week high...

Crude prices should average $80/b out to the end of the year as demand from China and India are joined by higher...

Revenues from petroleum exports for the 13 members of the OPEC producer group surged 54% in 2022...