Latest News

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...
7 Jul 2023
Refinery capacity in the US increased this year for the first time since 2020...
7 Jul 2023
South Korea has removed import tariffs on naphtha, as well as crude oil for processing to make naphtha...
7 Jul 2023
Energy major Shell has warned investors it expects a big hit to its biggest profit-making unit...
6 Jul 2023
Crude oil futures Thursday were little changed as markets consolidated the slim gains made since Monday's announced cuts from Saudi Arabia and Russia...
6 Jul 2023
Brent crude futures capped earlier losses on a bullish US stock report, which showed larger-than-expected...
6 Jul 2023
The chief executive of TotalEnergies launched a robust defence of the energy giant's greenhouse gas emissions...
6 Jul 2023
US gasoline inventories drained for the first time in five weeks at the end of last month...
6 Jul 2023
US distillate stocks fell 1% to a four-week low in the last week of June as deliveries jumped 15%...
6 Jul 2023
US crude oil stocks surprised with a bigger-than-expected draw in commercial inventories last week...
6 Jul 2023
Diesel held in the ARA region dropped below 2 million mt this week for the first time since December..
6 Jul 2023
Notional gasoline margins have slumped this week – led six-month lows in Asia...
6 Jul 2023
Big import volumes helped to lift Singapore's residual fuel stocks again last week, while demand for gasoline across the...
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