Latest News
11 Jul 2023
Front month Brent crude futures ended the day at the cash market close at a 10-week high...
11 Jul 2023
Crude prices should average $80/b out to the end of the year as demand from China and India are joined by higher...
11 Jul 2023
Revenues from petroleum exports for the 13 members of the OPEC producer group surged 54% in 2022...
11 Jul 2023
Asia diesel cracks rose for the fifth straight day on Tuesday to hit a three-month high, as firming...
11 Jul 2023
Benchmark Dubai prices climbed to 10-week highs Tuesday, extending the gradual gains in place since Saudi Arabia...
11 Jul 2023
There was a slight drop in European oil product stocks in June as refiners dialled back on run rates for...
11 Jul 2023
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude set to pick up...
11 Jul 2023
Middle East crude prices were again firmer as Dubai posted 10-week highs Tuesday, while naphtha continued to...
11 Jul 2023
Chinese personal mobility, excluding travel around national holiday periods, rose to the highest level...
11 Jul 2023
Shippers are struggling this week to find available barges to carry products along the Rhine River...
11 Jul 2023
Azerbaijan's crude output slipped to a three-year low last month, with monthly energy ministry data published Tuesday...
11 Jul 2023
Indonesia's coastguard has seized an Iranian-flagged VLCC suspected of illegally transporting oil...
10 Jul 2023
Crude oil futures Monday were lower after US Treasury Secretary Janet Yellen said that a recession for the US was "not completely off the table"...
10 Jul 2023
Crude and oil products shrugged off disappointing economic data from the US and China...
10 Jul 2023
Enoc has signed has signed a long-term condensate supply agreement with QatarEnergy to supply feedstock for its condensate splitter...
10 Jul 2023
Austrian refiner OMV has become the latest oil company to cut its earnings guidance for its products business...
10 Jul 2023
Austria OMV will continue to buy the majority of its natural gas from Russia this coming winter, its CEO...
10 Jul 2023
A delayed oil and gas production deal between Iraq and TotalEnergies has got the green light after two years of...
10 Jul 2023
The Asian Hi5 cargo spread continued its slide on Monday, narrowing to its tightest levels in 21 months with the...
10 Jul 2023
Brazil's refiners continued to increase oil product output in May, with diesel, gasoline and fuel oil output all jumping...