Latest News

8 Mar 2023
US crude stocks were down slightly in the week to 3 March, falling 1.7 million barrels to 850.1 million...
8 Mar 2023
Up to 6% of service stations in France had ran out of gasoline or diesel Wednesday and...
8 Mar 2023
Energy major TotalEnergies CEO Patrick Pouyanne said the US Inflation Reduction Act's energy transition support is...
8 Mar 2023
Air travel measured by revenue passenger kilometres rose sharply in January and now stands...
8 Mar 2023
Asian gasoline cargo prices collapsed on Wednesday amid a build in US inventories and a wider selloff in the crude...
8 Mar 2023
OPEC's top official believes sluggish demand from the US and Europe represents a threat to global markets, although firm demand from...
8 Mar 2023
Asian crude prices slumped sharply after the US flagged higher interest rates, largely erasing the previous week's...
8 Mar 2023
Kazakhstan plans to increase oil flows via the Caspian Pipeline Consortium (CPC) this year...
8 Mar 2023
Japan's oil product stocks slipped last week as steady demand bumped up against a slowdown in crude oil...
8 Mar 2023
Fuel oil stocks in Fujairah were down 13% over the week at a three-week low of 11.512 million barrels...
7 Mar 2023
Disappointing import data from China and hawkish comments from the US Federal Reserve...
7 Mar 2023
Moscow has reiterated it will not recognize any price caps on oil exports and has taken steps to ensure that its interests are not harmed
7 Mar 2023
Naphtha cargoes in Japan were assessed above northwest Europe Tuesday for the first time in
7 Mar 2023
EU countries leading the counter-push against a ban on fossil-fuelled cars stand to be amongst the biggest losers in the...
7 Mar 2023
Crude oil futures fell on Tuesday as prices reacted to expectations of further US interest rate hikes and...
7 Mar 2023
Energy giants Shell and Equinor have made a major breakthrough with Tanzania's government on proposals for a $30 billion LNG project...
7 Mar 2023
According to Quantum estimates, planned and unplanned closures will impact 4.8 million bpd of nameplate
7 Mar 2023
The second unit of Kuwait's Al Zour refinery is running and has doubled nameplate capacity at the Kuwait Petroleum...
7 Mar 2023
Benchmark Dubai maintained the strong March performance Wednesday, completing a week of gains, while...
7 Mar 2023
The Maritime & Port Authority of Singapore (MPA) has developed a new standard for bunkering fuels with...
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