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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...
10 Jul 2023
North American drilling activity posted an overall gain for the first time in 10 weeks, led by a surge in gas rigs...
10 Jul 2023
tate-owned Pemex said around 700,000 barrels of oil production was shut-in after a deadly...
10 Jul 2023
Passengers booked on global domestic flights hit a record-high 69.6 million this week...
10 Jul 2023
Traders trimmed short positions in the days leading up to production cuts announced by Saudi Arabia
10 Jul 2023
Middle East crude prices maintained July's strong uptrend and hit a fresh two-month high Monday, while the tight supply...
10 Jul 2023
The US Department of Energy (DOE) announced late Friday that it will purchase a further 6 million barrels of oil for the SPR...
7 Jul 2023
Crude oil futures Friday were higher as benchmarks consolidated at the upper end of the two-month range, as Brent managed to hold above $77/b...
7 Jul 2023
Crude continued to push higher at the end of the week, touching a one-month high during Friday's session as the...
7 Jul 2023
German investment bank Commerzbank has revised downwards its forecast for the Brent crude oil this year and next, as market sentiment will remain bearish...
7 Jul 2023
Diesel demand in India broadly flatlined in June compared to a month earlier, while gasoline demand fell 3%...
7 Jul 2023
Gasoline retreated this week – led by a decline in Asia – as supply returned after an extensive maintenance period...
7 Jul 2023
The global shipping sector at UN-convened talks on Friday agreed to become 'net-zero' by "around" mid-century...
7 Jul 2023
HSFO cracks hit 14-month highs this week as OPEC output cuts continued to have knock-on effects beyond the...
7 Jul 2023
Benchmark Dubai prices increased by around 3.5% over the week as East of Suez markets showed clear signs of strengthening after Saudi Arabia...
7 Jul 2023
The Democractic Republic of Congo (DRC) has postponed an auction of oil concessions in the key peatland basin...
7 Jul 2023
European diesel cargo refining margins hit a one-week high this week as low water levels on...
7 Jul 2023
Rhine water levels are set to drop further over the weekend and will struggle to rebound for the rest of...
7 Jul 2023
Middle East crude prices maintained the week's positive trend, hitting a two-month high Friday and pulling further...