Latest News
22 Mar 2023
Crude was higher for a second day as focus shifted back to fundamentals...
22 Mar 2023
Goldman Sachs cut its oil price forecast to below $100/barrel this week as a result of the turmoil in the banking sector...
22 Mar 2023
India's crude imports continued to rise in February, gaining 5% to hit their highest level since April, data from the...
22 Mar 2023
US commercial crude oil stocks bounced to a surprise 22-month high last week as Energy Information...
22 Mar 2023
The Asian regrade has fallen for the first time in a week, with increased availability of gasoil appearing to...
22 Mar 2023
US distillate fuel stocks hit a three-month low by mid-March as output struggled to recover while...
22 Mar 2023
European and US sanctions on Russia oil are set to strengthen the role played by WTI Midland crude when the US grade is introduced to the Platts Dated Brent...
22 Mar 2023
The pace of seasonal drawdowns accelerated last week in the US, as firmer seasonal...
22 Mar 2023
Saudi Aramco's Jizan refinery is finally near full capacity after a delayed ramp up...
22 Mar 2023
Asian crude prices Wednesday continued to recover as jitters over the banking crisis eased...
22 Mar 2023
Venezuela's state-run oil company PDVSA has acquired debts amounting to $21.2 billion in unpaid bill...
22 Mar 2023
Residual fuel stocks in Fujairah were up 12% week-on-week at 11.407 million barrels, with the extra 1.26 million...
22 Mar 2023
Italy has insisted that biofuels should be allowed to be used in internal combustion engine cars after 2035 in a letter to...
22 Mar 2023
Around 100 workers on BP Petrofac installations in North Sea have voted in favour of strike...
22 Mar 2023
Global LNG markets are set for a major upheaval with over a third of current long-term contracts due to expire by the end of the decade...
22 Mar 2023
A series of force majeures will reduce Ecuador's oil production target for 2023 by 40,000 bpd...
21 Mar 2023
Crude oil futures Tuesday were cautiously higher as fears over further banking contagion eased...
21 Mar 2023
Oil markets remained at the mercy of wider macro moves for yet another session on Tuesday, with easing fears over...
21 Mar 2023
Crude runs at European refineries last month recorded a seasonal 0.9% decline as output...