Latest News

9 May 2023
India's most senior energy official has defended the country becoming the largest buyer of Russia crude oil since...
9 May 2023
t least 300,000 boepd of oil and gas production has been shut-in in the Canadian province...
9 May 2023
Benchmark LNG prices in Asia tested fresh two-year lows during the first-decade of May, as sufficient inventory levels and...
9 May 2023
OPEC+ production fell in April as a rebound in Russian supply was not enough to offset disruptions affecting Iraqi...
8 May 2023
Crude oil futures Monday were comfortably higher, having consolidated Friday's solid gains as sentiment...
8 May 2023
Middle East crude prices rebounded strongly Monday, catching up with the firm Brent gains since the pre-weekend Asia...
8 May 2023
Emirates Airline expects to return to near pre-COVID capacity by March 2024 as a strong demand recovery for air travel in Asia...
8 May 2023
Demand for oil products in India broadly flatlined in April compared with a year earlier, but diesel demand rose sharply on the year to a fresh record hi...
8 May 2023
Cash premiums for Asian marine fuel cargoes continued to tumble on Monday as a brief spike last week caused...
8 May 2023
Investors turned net short on both ULSD futures and ICE gasoil last week on growing oversupply...
8 May 2023
Sales of major transport fuels in Pakistan hit the lowest level in three years in March, data...
8 May 2023
North American drilling activity dropped by the highest level in two months the week ending 5 May, as both Texas and the Permian Basin...
8 May 2023
A fire at the Shell Deer Park Chemicals plant which broke out during routine maintenance on Friday...
8 May 2023
Nigeria's Dangote Petroleum Refinery will be commissioned on May 22, slashing the reliance of...
5 May 2023
Crude oil futures Friday were sharply higher but were still heading for steep weekly losses after concerns over the economy...
5 May 2023
Refiner margins for low sulphur gasoil futures rose for a third straight session by the Friday London...
5 May 2023
West Africa remains a significant drag on European gasoline exports and means the region...
5 May 2023
Fuel oil markets were caught up in wider turmoil for the energy industry this week, with macroeconomic factors back...
5 May 2023
Brazil's crude oil output fell for a second successive month in March, falling another 5% on the month to 3.2 million...
5 May 2023
Turkey's crude imports spiked by a quarter in March from February's lows, with energy operations restarting after...
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