Latest News
15 Mar 2023
Oil prices have been dominated by the banking crisis since last week's collapse of Silicon Valley Bank...
15 Mar 2023
The UK government on Wednesday has committed up to £20 billion ($24 billion) over the next 20 years for carbon capture projects to help cut emissions...
15 Mar 2023
Oil prices slumped on Wednesday as continued banking contagion fears left investors streaming for the exits...
15 Mar 2023
Kazakhstan's crude oil output crept 0.2% higher to 6.899 million mt in February, monthly government statistics showed...
15 Mar 2023
Industrial action at French refineries were extended for an eight straight day with fuel deliveries blocked...
15 Mar 2023
The US continued to see strong crude oil exports last week as loaded volumes hit their third highest level since records...
15 Mar 2023
Gasoline stocks in the US fell to their lowest level in six weeks in the seven days to 10 March...
15 Mar 2023
Bunker sales at Fujairah slipped to the lowest since records started to be published in January 2021, falling...
15 Mar 2023
US distillate stocks saw their sharpest weekly draw since last October as both demand and exports...
15 Mar 2023
The cash differential for Asian gasoline cargoes to the paper market surged on Wednesday, with the market...
15 Mar 2023
Crude throughput in Japan fell to the lowest level since May, according to the Petroleum...
15 Mar 2023
Pembina Pipeline announced Tuesday that it had been given environmental approval...
15 Mar 2023
Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said that the OPEC+ alliance will stick with current output cuts...
15 Mar 2023
Russian crude production continued to stay at pre-war levels in the first weeks of the year...
15 Mar 2023
Global demand for oil is set to accelerate sharply this year after contracting 80,000 bpd in Q4...
15 Mar 2023
Asian crude prices Wednesday extended the week's losses as the US banking crisis continued to dictate price direction, while gasoline cargo prices spiked after overnight...
15 Mar 2023
Chinese consumption of crude at nationwide refineries hit the highest level since November...
15 Mar 2023
South Korea's crude oil imports edged higher in February, improving as a surge in volumes from the UAE offset...
15 Mar 2023
A drop in residual fuel stocks in Fujairah last week left oil product inventories at a four-week low in the Middle East...
14 Mar 2023
Crude oil futures Tuesday were were sharply lower, trading down to nine-week lows, as financial markets remained gripped by the worst banking crisis since...