Latest News

A big drop in residual fuel and light end stocks last week weighed on overall inventories in Fujairah as they slumped 13% on...

Benchmark Dubai prices retreated sharply Wednesday as bearish sentiment returned, with those downward moves...

Trading house Trafigura has pulled out of a bio-octane, SAF and HVO offtake agreement with Gevo after...

Motiva plans to restart a coker unit at its 630,000 bpd Port Arthur refinery...

Japan's refined product stocks were pushed higher by distillate builds last week amid growing...

Oil product exports from India jumped 20% in March compared with a month earlier, hitting a 12-month high...

Europe is considering targeting vessels switching off their Automatic Identification System as part the latest round of sanctions...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in July at a discount of $0.10/b....

aphtha cargoes in Asia have climbed above Europe for the first time in over a month...

Benchmark LNG prices in Asia have again failed to stem price declines despite record-high seasonal temperatures...

Crude oil futures Tuesday went into reverse Tuesday, giving up most of the gains from the previous session, as concerns...

Energy major Shell and electricity infrastructure operator National Grid on Tuesday confirmed they have withdrawn...

Dow Chemicals reported a $73 million net loss in the first quarter of 2023 on Tuesday...

Brent crude shed any gains made in recent days as economic concerns returned to the foreground...

Italian energy major Eni has officially launched its project to develop floating liquefied natural gas infrastructure offshore Congo-Brazzaville...

Oilfield services firm Haliburton enjoyed a better-than-expected quarter at the start of the year, with the firm...

The end of maintenance at two German refineries this month could pile further pressure on European product...

Asian crude oil prices rebounded Tuesday as global markets steadied following last week's sharp downturn...

Germany's 120,000-bpd Neustadt refinery has commenced restarting procedures with a one-month...

Cenit, a subsidiary of Columbia's Ecopetrol, has implemented emergency plans after the latest in a series of attacks on pipelines...