Latest News

14 Jun 2023
US commercial crude oil stocks in the first week of June posted their largest build since early February...
14 Jun 2023
Shell announced its intention to sell its holding in Shell Pakistan Limited on Wednesday...
14 Jun 2023
US distillate fuel stocks during the first week of June rose to their highest since late March as demand...
14 Jun 2023
US gasoline inventories jumped for the second week, as higher imports combined with flat...
14 Jun 2023
Shell announced plans to cut its capex spending, boosting its shareholder distribution while maintaining...
14 Jun 2023
Several of the world's trading giants have squared off this month in the Platts-operated Dubai crude...
14 Jun 2023
Russian revenues from exports of crude and oil products in May fell to its second lowest monthly level...
14 Jun 2023
Middle East crude markets sharply higher Wednesday, largely regaining early-week losses, but were...
14 Jun 2023
Marine fuel sales in the Asia-Pacific bunkering hub of Singapore increased for the third straight month
14 Jun 2023
Refinery margins for diesel in northwest Europe are at their widest in two months as disruption..
14 Jun 2023
Chinese refiners have been issued with a third batch of crude oil import quotas, taking the total issued to refiners so far in 2023 to...
14 Jun 2023
Oil demand growth will slow rapidly in the next few years and peak altogether for combustible fossil fuels...
14 Jun 2023
Inventories of fuel oil in the Middle Eastern bunkering hub of Fujairah slumped to a four-month...
14 Jun 2023
Japanese stocks of oil products fell for the fourth straight week to a seven-week low in the seven day...
13 Jun 2023
Crude oil futures Tuesday were sharply higher as markets rebounded from two sessions of heavy losses, underpinned by slowing US inflation...
13 Jun 2023
CitiGroup's Ed Morse and leading a bearish voice among oil commentors for the past 18 months has reiterated his negative outlook for crude oil...
13 Jun 2023
Brent crude oil futures rallied for the first time in the past four sessions as US inflation eased to its...
13 Jun 2023
Iraq and Turkey are set to resume technical talks by early next week on restarting exports from Iraq's northern oil...
13 Jun 2023
Several ports in the Indian state of Gujarat have been closed and offshore oil installations evacuated
13 Jun 2023
Kuwait has increased its Official Selling Prices (OSPs) for its key export grade loading in July, largely tracking the increases announced by...
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