Latest News
18 Apr 2023
Suncor has closed one of three plants at its 103,000 bpd Commerce City refinery for planned...
18 Apr 2023
Asia's demand for liquefied natural gas (LNG) retreated in the first quarter of 2023 compared to last year, despite the sharp fall in global prices...
18 Apr 2023
Asian crude oil prices eased back for a third session Tuesday, largely following Brent, while demand for high sulfur fuel...
18 Apr 2023
ExxonMobil has declared force majeure on Nigerian crude loadings because of strikes...
18 Apr 2023
Iran and Venezuela signed a number oil, gas, and petrochemicals agreements in the form of MOUs...
18 Apr 2023
China's gasoil and jet exports remained resilient in March, surging further ahead of last year's limited volumes as...
17 Apr 2023
Crude oil futures Monday were sliding lower as recessionary fears and weaker diesel continued to weigh on sentiment...
17 Apr 2023
Crude oil gave up ground at the start of the week, slipping as a stronger dollar and the threat of further interest...
17 Apr 2023
The G7 and EU will persist with a $60/b price cap that prohibits its companies from working with Russian crude oil, a level...
17 Apr 2023
Unilaterally introduced Polish and Hungarian bans on Ukrainian grain imports were unlikely to have a material effect...
17 Apr 2023
Gasoline refinery margins have faltered in recent sessions as European exporters compete with...
17 Apr 2023
Backwardation in the Asian gasoil market continued to flatten at the start of the week, with a supply glut and demand...
17 Apr 2023
Saudi crude production held steady at 10.45 million bpd in February, according to JODI data Monday...
17 Apr 2023
South Korea's crude imports hit their highest level in seven months in March, with customs data showing a 10%...
17 Apr 2023
Panama's bunker fuel sales rebounded in March and touched three-month highs led by a surge in very low sulfur fuel...
17 Apr 2023
Bunker sales in the Middle Eastern storage hub of Fujairah remained under pressure in March, slipping 2% on the...
17 Apr 2023
Airline schedules indicate capacity will fall short of 2019 demand over the coming months despite the northern...
17 Apr 2023
North American drilling activity was lower the week ending 14 April, despite a gain in the Permian Basin...
17 Apr 2023
Competition for customers between developers and escalating costs are hampering efforts ramp up LNG projects in the US...
17 Apr 2023
Oil and gas production in Europe's biggest producer will be unaffected by strikes