Latest News
23 May 2023
Nigerian conglomerate Dangote plans to start production at its new 650,000 bpd refinery...
23 May 2023
US energy major Chevron Corporation announced it has entered into a definitive agreement with PDC Energy to acquire...
22 May 2023
–Crude futures were little changed Monday as talks resumed over the US debt-ceiling..
22 May 2023
China's crude oil imports fell 17% on the month in April to 10.3 million bpd, with customs data published Monday...
22 May 2023
China's marine fuel exports slumped 30% compared in April compared to March, with 1.36 million mt of sales...
22 May 2023
A drop in demand for China's middle distillates and fuel oil left April oil product exports at their lowest since July last...
22 May 2023
Refinery output in the EU-15 plus Norway reached its highest for the month of April since 2019...
22 May 2023
Dutch sustainable aviation fuel (SAF) producer SkyNRG is targeting the US state of Washington...
22 May 2023
Crude oil futures Monday were drifting sideways after debt ceiling talks between Democrats and Republicans broke down last week...
22 May 2023
Chinese financial institutions are among a group of banks coming to the rescue of a $5 billion oil pipeline after Western...
22 May 2023
OPEC's Secretary General, Haitham Al Ghais, gave few clues in a speech Monday as to the producer group's likely...
22 May 2023
Global airline capacity grew 0.7% this week to just over 107 million passengers...
22 May 2023
Europe's largest airline Ryanair is predicting robust demand this summer...
22 May 2023
Asia crude oil prices eased Monday to catch up with the pre-weekend selloff in Brent futures, while gasoil...
22 May 2023
Investors reduced net long positions on Brent crude futures for the fourth straight week as economic...
22 May 2023
North American drilling activity registered a second weekly double-digit fall the week ending 19 May...
19 May 2023
Crude oil futures went into a sharp downturn during late-afternoon trading hours Friday, falling $2/b from the day's high as doubts surfaced...
19 May 2023
Benchmark US natural gas prices consolidated the firm monthly gains Friday, underpinned by lower production and storage levels, along with...
19 May 2023
Gasoline climbed for a second week in both Europe and Asia as a tight Atlantic market combined...
19 May 2023
Brent ended the week on a flat note, with front month Brent futures broadly unchanged at the...