Latest News
17 May 2023
Recent changes to Australia's Safeguard Mechanism policy are likely to increase the costs of a controversial gas...
17 May 2023
Asia crude oil prices were lower as medium sour crude grades came under pressure, while...
17 May 2023
French road fuel demand slumped last month as strikes that crippled its oil industry subsided
17 May 2023
Japan's refined product stocks hit a fresh 3.5-month high last week...
17 May 2023
Residual fuel stocks in Fujairah hit the highest level in almost six months last week, official data...
16 May 2023
Crude and product prices steadied Tuesday as the IEA pointed to a tight oil balance in the second half of 2023...
16 May 2023
Crude oil futures Tuesday were moving sideways as US debt-ceiling talks offset the US DoE plans to start refilling the SPR and the IEA's more upbeat demand forecast...
16 May 2023
Saudi Arabia is considering another multibillion-dollar offering of stock in its Aramco energy giant...
16 May 2023
The European naphtha market has flipped to a contango market structure...
16 May 2023
OPEC has asked Ecuador to rejoin the producer group after leaving more than three years ago, following an invitation...
16 May 2023
US shale output continued to rise through April to 9.23 million bpd, the highest since December 2019 and the third...
16 May 2023
Diesel cargo prices either side of the Suez halted their recent price slide this month as a...
16 May 2023
Turkey has rejected a request to restart the pipeline transporting oil from northern Iraq to the Mediterranean port of Ceyhan...
16 May 2023
Tenders from the Al Zour refinery in Kuwait for low sulfur fuel oil have resumed, with Japanese trade Marubeni booking...
16 May 2023
Pavilion Energy has taken delivery of its first liquefied natural gas cargo paired with a statement of greenhouse gas emissions...
16 May 2023
Asia crude oil prices edged higher Tuesday, largely tracking Brent futures, while diesel cracks spiked...
16 May 2023
Crude throughput in the world's second largest refining nation flatlined in April compared with a month earlier...
16 May 2023
The International Energy Agency has raised its oil demand forecast for this year by 200,000 bpd on record demand in China
16 May 2023
A fire at Marathon Petroleum's Galveston Bay refinery near Houston...
16 May 2023
US consumer travel group AAA is expecting one of the busiest Memorial Day weekends on record...