Latest News

2 May 2023
BP's shareholders have shown "broad support" for its change in strategy to boost its short-term oil...
2 May 2023
Abu Dhabi National Oil Company (Adnoc) is to locate its planned LNG export facility at Al Ruwais in Abu Dhabi...
2 May 2023
TotalEnergies and Valero were heard to have restarted refinery units at their respective Port Arthur...
2 May 2023
Ultra-low sulphur diesel loadings at the Russian Baltic port of Primorsk are set to fall for a second consecutive month
2 May 2023
Middle East crude opened little changed as markets moved sideways ahead of the US rate decision due this week...
2 May 2023
nvestors rewound bullish bets on crude and turned net short on European diesel last week for the first time in 2.5 years...
1 May 2023
Crude oil futures in European trading hours Monday were drifting lower following the release of sluggish data from China and ongoing concerns...
30 Apr 2023
Brazil's crude oil exports hit a record 2.5 million bpd in March as domestic refining capacity was knocked offline by...
30 Apr 2023
US oil drilling rig numbers were steady in the week to 29 April with 591 sites operating across the country, according...
30 Apr 2023
Russia will not publish any official statistics relating to its crude oil and condensate output until April 2024 at the...
28 Apr 2023
Crude oil futures Friday rebounded strongly as markets recovered from monthly lows registered this week...
28 Apr 2023
The US will allow more ethanol to be blended into gasoline this summer in order to help combat rising fuel prices after issuing...
28 Apr 2023
Gasoline cracks rebounded around $2/b this week against ICE Brent on an uptick in exports...
28 Apr 2023
Crude rebounded into the weekend on optimism over the rescue of embattled US bank First Republic and upbeat...
28 Apr 2023
Refined product stocks in the ARA dropped to a three-month low this week...
28 Apr 2023
Fuel oil refining margins proved far more resilient than the rest of the oil products market this week, with refinery...
28 Apr 2023
Profits increased more than expected at US major Chevron, as it became the latest oil...
28 Apr 2023
Italian energy major Eni boosted its outlook for its operations-wide oil products margin this year...
28 Apr 2023
The bearish run in diesel continued its 10-month trend this week, but with ever clearer signs of an...
28 Apr 2023
Diesel cracks continued to slump to fresh lows in the Asian cargo market on Friday, with 10ppm refining margins versus...
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