Latest News
27 Apr 2023
UK diesel and gasoil stocks build for a fourth straight month in February pushing levels to...
27 Apr 2023
French energy major TotalEnergies has accepted an offer to sell the entirety of its assets in Canada's oil...
27 Apr 2023
Benchmark Dubai prices registered a second consecutive sharp loss Thursday as prices slumped back to levels last...
27 Apr 2023
OPEC's top official has hit back at perceived criticism from the International Energy Agency (IEA)...
27 Apr 2023
Spain's Repsol reported a 20% drop in first quarter profits Thursday, driven by a similar...
27 Apr 2023
After months of prolonged tightness, distillate markets are in free fall, with refining margins...
27 Apr 2023
The Dubai crude oil benchmark was set Wednesday by a rare nomination of a Murban cargo via the Platts partials price-discovery window...
26 Apr 2023
Crude oil futures Wednesday were again in sharp retreat having given up earlier gains, with broader economic fears countering...
26 Apr 2023
A bullish US stock report helped steady crude by the end of play Wednesday, as European product markets pointed to...
26 Apr 2023
Economic growth among Gulf Cooperation Council (GCC) economies will be at a much slower pace in 2023, as lower oil prices and production cuts...
26 Apr 2023
The economics for moving gasoline transatlantic from Europe have worsened in the run up to the official...
26 Apr 2023
There was an unexpectedly large draw in US commercial crude oil stocks last week, with EIA data showing the country's...
26 Apr 2023
US gasoline stocks resumed their seasonal drawdown last week as domestic demand rebounded...
26 Apr 2023
The weekly drop in US distillate fuel stocks underwhelmed market expectations as a fall in...
26 Apr 2023
Electric vehicles are set to reach 18% of global car sales this year, according to the IEA...
26 Apr 2023
A big drop in residual fuel and light end stocks last week weighed on overall inventories in Fujairah as they slumped 13% on...
26 Apr 2023
Benchmark Dubai prices retreated sharply Wednesday as bearish sentiment returned, with those downward moves...
26 Apr 2023
Trading house Trafigura has pulled out of a bio-octane, SAF and HVO offtake agreement with Gevo after...
26 Apr 2023
Motiva plans to restart a coker unit at its 630,000 bpd Port Arthur refinery...
26 Apr 2023
Japan's refined product stocks were pushed higher by distillate builds last week amid growing...