Latest News
19 Jun 2023
Gasoline exports out of China jumped to the highest level this year in May, while diesel exports...
19 Jun 2023
North American drilling activity shrunk for a seventh consecutive week, the longest losing streak since July 2020 with the giant Permian...
19 Jun 2023
Global air travel demand is unlikely to reach pre-pandemic levels this summer as demand for...
19 Jun 2023
Saudi crude exports slipped to a five-month low in the run up to supply cuts announced in April...
19 Jun 2023
Benchmark Dubai crude prices Monday surged to a two-week high to move above Brent, while naphtha margins...
19 Jun 2023
Investors turned net long ICE gasoil futures last week for the first time in two months on signs...
16 Jun 2023
Crude oil futures Friday were were higher, as markets consolidated narrow weekly gains as optimism over China...
16 Jun 2023
European gasoil and diesel markets firmed for a fifth straight week as stocks continued to tighten...
16 Jun 2023
Crude consolidated recent gains in Friday trade, ending the week flat as improved sentiment...
16 Jun 2023
The HSFO east-west continued slumped to an eight-month low this week on the back of tight European supply...
16 Jun 2023
Iran has significantly ramped up crude oil exports this year and international sales are now running at levels not seen since 2018...
16 Jun 2023
Gasoline moved sideways this week in Europe but the outlook brightened on improved demand...
16 Jun 2023
Bunker fuel sales in Panama climbed 6% from April's lows through May, hitting 406,355 mt as HSFO demand...
16 Jun 2023
Shell has closed its remaining crude distillation unit (CDU) at the 400,000 bpd Pernis refinery...
16 Jun 2023
Petroineos has begun unspecified planned work at its 150,000 bpd refinery in Grangemouth...
16 Jun 2023
Middle East benchmark Dubai crude prices Friday were little changed on the week, as support from China helped prices rebounded from lows...
16 Jun 2023
Middle East crude rebounded strongly on Friday following the global trend, although Dubai was again the best...
16 Jun 2023
UK offshore contractors will resume strike action next week after wage offers were rejected...
16 Jun 2023
Refined product output slipped 2% from April to around 16mn bpd last month...
15 Jun 2023
Crude oil futures Thursday were sharply higher as positive data and news from China more than reversed the previous session's late selloff...