Latest News

10 May 2023
US commercial crude oil stocks edged higher by 3 million barrels in the week to 5 May as a rise in net imports bolstered...
10 May 2023
Distillate stocks fell to their lowest level since May in the seven-day period to 5 May, EIA data...
10 May 2023
The UAE's state-owned Adnoc has announced its intention to list 15% of its logistics and shipping unit...
10 May 2023
The US Energy Information Administration has reduced its forecasts for Brent and WTI crude, as well gasoline and diesel for this year...
10 May 2023
United Arab Emirates energy giant Adnoc is seeing solid demand growth from Asia, referencing China, with the aviation fuel market...
10 May 2023
Oil product inventories in Fujairah jumped to their highest levels since mid-December as rerouted Russian barrels...
10 May 2023
Middle East crude prices were little changed Wednesday with markets largely consolidating the week's gains, while refined products were...
10 May 2023
Around 1,200 offshore contractors on the UK Continental Shelf (UKCS) began...
10 May 2023
apan's refined product stocks were pushed higher by sharp builds in distillates last week
9 May 2023
Crude oil futures Tuesday were higher, having reversed earlier losses after the US said it would start to replenish the nation's strategic reserves...
9 May 2023
Crude oil prices continued to see big day-to-day swings at the start of another shortened European trading week as...
9 May 2023
The UK announced Tuesday it will create a 'treasure map' of what lies beneath the North Sea...
9 May 2023
Airline scheduled capacity has declined for the first time in 15 weeks...
9 May 2023
Japanese commodity trader and industrial conglomerate Marubeni said it expects to see its profits to fall...
9 May 2023
China's crude oil imports slipped 17% on the month to 10.32 million bpd, a four-month low and around 1% lower than...
9 May 2023
Oil product stocks were broadly higher last month in the EU-15 plus Norway...
9 May 2023
The premium for jet fuel over diesel is at its widest in at least three months in Europe and Asia
9 May 2023
The world's largest energy company, Saudi Aramco, netted profits of almost $32 billion in the first quarter of 2023...
9 May 2023
Iraq's State Oil Marketing Organization (SOMO) has left the Official Selling Prices (OSP) on its key export grade unchanged for Asia in June...
9 May 2023
Middle East crude prices eased back slightly Tuesday amid uncertainty over flat-price direction, while demand...
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