Latest News

Global airline capacity is expected to increase around 2-3 million seats each week before reaching...

Benchmark Dubai was slightly higher Monday, as the Dubai play entered into the final week ahead of an upcoming...

Indonesia will not introduce a higher B40 biodiesel blending target for several years while it is targeting a full rollout of...

Shell has restarted a CDU at its 250,000 bpd Norco refinery in Louisiana after a power...

Traders extended bullish bets on crude and European diesel last week as the market weighed...

North American drilling activity shrunk for an eighth consecutive week, the longest losing streak since July 2020...

Crude oil futures Friday continued the previous session's sharp selloff as further central bank tightening threatened...

Iraq and Turkey have reopened discussions the shuttered northern oil export pipeline after a number of false starts...

Crude and refined products ended the week lower as disappointing European manufacturing...

Fuel oil cracks continued to surge in Asia this week on the back of firm demand, while structure in the marine fuel...

Low sulfur gasoil future cracks were heavily sold off this week as speculators piled into both the...

Indian state-run refiner BPCL is in discussions with Russia's main oil exporter, Rosneft, to purchase around about 6 million metric tons...

Gasoline retreated from last week's highs on soft export demand and a build up of excess...

Benchmark Dubai prices ended the week lower after an end-week selloff saw prices slump back from seven-week highs, while spot activity was again dominated...

Benchmark Dubai slumped sharply Friday, following global oil benchmarks to erase slim weekly gains...

Italian oil giant Eni has agreed to acquire upstream producer Neptune Energy for $4.9 billion...

Shell has resumed maintenance works at a major gas processing plant in the North Sea...

Indian imports of crude fell for the third straight month in May ahead of the start of the monsoon...

Trafigura's head of its Mexico division has left the commodities giant as a government clampdown on overseas trading firms...

Utilization rates at Japan's petchem crackers fell back again in May on maintenance and...