Latest News

24 Mar 2023
The US has pushed back on previous comments that it would begin a buyback programme to refill depleted...
23 Mar 2023
Crude oil futures eased after the Federal Reserve's announcement of another 25 basis point interest rate hike offset what was seen as supportive...
23 Mar 2023
Crude climbed for a third day as markets took stock of Wednesday's hike in US interest rates...
23 Mar 2023
Iran's oil have exports surged to their highest level for at least two years, reaching around of 1.3 million barrels a day...
23 Mar 2023
Two more crude oil tankers have been redirected away from France towards Rotterdam as refinery and...
23 Mar 2023
Global trade in goods is slowing as deteriorating economic forecasts and inflationary pressure hamper high...
23 Mar 2023
Inventories diesel in the ARA region fell for the fourth straight week, as French strikes...
23 Mar 2023
Russia's March crude oil output will come to 9.7 million bpd when planned production cuts are taken into...
23 Mar 2023
Sharp seasonal stockdraws in the US has helped push New York Harbour gasoline refining...
23 Mar 2023
EU member states and MEPs have provisionally agreed on legislation for its maritime sector setting GHG reduction...
23 Mar 2023
Benchmark LNG prices in Asia have failed to stem the decline during March, with values sliding to the lowest levels since...
23 Mar 2023
ExxonMobil's French subsidiary Esso posted record earnings for 2022 even as last year's strikes caused...
23 Mar 2023
 A California Senate committee has passed a bill to allow the state to set a maximum gross product...
23 Mar 2023
Demand for oil products in Europe's fourth largest economy declined year-on-year last month...
23 Mar 2023
A seven-member consortium of global shipping organisations, together with the London-based Oil and Gas Climate...
23 Mar 2023
There was a second consecutive week of big oil product builds in Singapore, with inventory data showing a jump of...
23 Mar 2023
Asian crude prices were up for a third consecutive session Thursday, in line with this week's broader global...
23 Mar 2023
Utilization rates at Japan's crackers sank to at least a ten-year low in February on maintenance...
23 Mar 2023
A fund operated by high-profile commodities trader Pierre Andurand has slumped by around 40% following the oil prices drop...
23 Mar 2023
Inventories of diesel/gasoil in Japan fell last week as domestic output shifted towards light
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