Latest News

Output from the core OPEC members during June barely moved as increases from Iraq and Nigeria offset reductions from elsewhere...

The monthly average price for benchmark Middle East Dubai was largely unchanged in June versus May, with cuts from key OPEC producers...

Brazil's May crude output was up 2% on the month at a three-month high of 3.3 million bpd, combined crude offshore...

Lost sour crude barrels from Saudi-led crude oil output cuts are having an impact on the fuel oil market, with high...

Gasoline moved broadly sideways this week as excess supply appeared to build on either side of the Atlantic...

European diesel and gasoil cracks touched two-week lows this week as Chinese and Russian flows are...

Libya's army of the Tripoli-based Government of National Unity (GNU) denied reports of targeting...

Marathon Petroleum reported upsets at two units at its 593,000 bpd Galveston Bay refinery...

Kazakhstan has supplied 290,000 mt of crude oil to Germany this year via the Druzhba pipeline...

Benchmark Dubai crude ended the month on a firm note, catching up with two days' worth of Brent gains, while...

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Japanese deliveries of gasoline, diesel and jet recorded their highest May volume since 2019...

Losses on ICE gasoil futures outpaced crude Thursday as inflation in Europe's biggest economy grew more than...

Ireland's diesel demand soared to its highest monthly total on record in May and gasoline sales hit a five-year high...

The Intercontinental Exchange announced Thursday record open interest (OI) across its global energy markets with futures and options of...

Crude futures Thursday were slightly higher as oil benchmarks consolidated the previous session's gains, although the spectre of higher interest rates...

Mexican state producer Pemex saw its May crude exports jump 10% from April to hit a 22-month high as regional...

Diesel held in the ARA region slipped 1.7% on the week to its lowest since the end of 2022...

Around 13% of US energy consumption in 2022 came from renewable fuel sources, the EIA said Thursday...

OPEC has rejected claims that it had approached Guyana to join the producer alliance...