Latest News
6 Mar 2023
India's savings as a result of heavily discounted Russian crude amounted to around $2.5 billion in the first three quarters of the current fiscal year...
6 Mar 2023
Saudi Aramco has increased Official Selling Prices (OSPs) for April-loading crude to Asia, largely in line with expectations...
3 Mar 2023
Diesel refiner margins rose for a second consecutive week as firmer demand started to eat into...
3 Mar 2023
Gasoline and naphtha were broadly rangebound this week as the market weighs availability...
3 Mar 2023
Brent crude oil futures traded higher on Friday, recovering from a near 3% fall after the UAE says it has...
3 Mar 2023
High sulfur fuel oil prices shot up this week, with the market buoyed by buying from Chinese independent refiners...
3 Mar 2023
Crude oil futures Friday pared a sharp drop by the European close as UAE officials say there are no...
3 Mar 2023
UK energy major BP has completed the sale of its 50% stake in the Toledo refinery in Ohio...
3 Mar 2023
Spanish gasoline demand rose to 9.9% above pre-pandemic levels last month, while diesel deliveries...
3 Mar 2023
Benchmark Dubai posted gains for a third consecutive session Friday to consolidate the week's gains...
3 Mar 2023
Middle East benchmark Dubai crude was higher over the week, buoyed by strong economic data from China and Russia's planned output cuts...
3 Mar 2023
Shell's new CEO has said cuts to oil and gas production would harm consumers via...
3 Mar 2023
The EU has delayed indefinitely a vote on the future of fossil fuel cars which would have banned new sales from 2035 after...
3 Mar 2023
Norway's state-owned energy giant Equinor has signed an agreement to acquire Suncor Energy UK Limited...
2 Mar 2023
Brent pares gains at the end of the session as bullish economic data from China was part offset by...
2 Mar 2023
A group of UK lawmakers has urged the government to change its technology-neutral approach...
2 Mar 2023
Refined product stocks in the ARA region fell this week across the board, with both gasoline...
2 Mar 2023
Crude oil futures Thursday were trading sideways on Thursday, having already gained around 3% in the previous two sessions, with renewed...
2 Mar 2023
Gasoline prices in Asia are at their lowest against Europe in about six weeks, as the...