Latest News

3 Jul 2023
Chinese energy giant Sinopec started operations at the world's largest solar-to-hydrogen project located in...
3 Jul 2023
Energy company Mabanaft acquired 55 oil product storage tanks located just outside the Danish capital...
3 Jul 2023
Dubai crude started the new quarter on a stable note as the Middle East benchmark retained its premium over...
3 Jul 2023
Spanish gasoline demand hit another multi-year high in May, provisional data from Cores showed Monday...
3 Jul 2023
Saudi Arabia announced Monday it would extend its voluntary crude oil production cut of 1 million bpd into next month...
3 Jul 2023
North American drilling activity retreated for a ninth consecutive week, extending the longest losing streak since summer 2020...
3 Jul 2023
Traders slashed bullish crude bets last week on rising concerns over demand...
3 Jul 2023
A fire was extinguished at Kuwait Petroleum Corporation (KPC)'s massive Al Zour refinery on Sunday...
30 Jun 2023
Brent crude oil futures and ICE low sulfur gasoil futures rebounded on Friday but both...
30 Jun 2023
Brazil's state-owned oil company Petrobras has announced price cuts for wholesale gasoline again as sales taxes on the fuel...
30 Jun 2023
rude oil futures Friday were edging higher, consolidating slim weekly gains which came largely on the back of a...
30 Jun 2023
Output from the core OPEC members during June barely moved as increases from Iraq and Nigeria offset reductions from elsewhere...
30 Jun 2023
The monthly average price for benchmark Middle East Dubai was largely unchanged in June versus May, with cuts from key OPEC producers...
30 Jun 2023
Brazil's May crude output was up 2% on the month at a three-month high of 3.3 million bpd, combined crude offshore...
30 Jun 2023
Lost sour crude barrels from Saudi-led crude oil output cuts are having an impact on the fuel oil market, with high...
30 Jun 2023
Gasoline moved broadly sideways this week as excess supply appeared to build on either side of the Atlantic...
30 Jun 2023
European diesel and gasoil cracks touched two-week lows this week as Chinese and Russian flows are...
30 Jun 2023
Libya's army of the Tripoli-based Government of National Unity (GNU) denied reports of targeting...
30 Jun 2023
Marathon Petroleum reported upsets at two units at its 593,000 bpd Galveston Bay refinery...
30 Jun 2023
Kazakhstan has supplied 290,000 mt of crude oil to Germany this year via the Druzhba pipeline...
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