Latest News
10 Feb 2023
Russia will cut its crude oil production by 500,000 bpd from March, Deputy Prime Minister Alexander...
10 Feb 2023
The OPEC+ coalition increased its crude oil production by 40,000 bpd in January as Russian output remained relatively resilient against the impact of sanctions...
10 Feb 2023
Nigeria's oil output hit 1.258 million bpd in January, its highest since November 2021, data from Nigeria's...
10 Feb 2023
Federal officials will have the power to decide how much LNG can be exported from Queensland every quarter under sweeping new rules proposed...
10 Feb 2023
The US has imposed a fresh round of sanctions on companies it believes are acing as intermediaries and facilitating Iranian oil trade, with the latest move...
9 Feb 2023
Crude oil futures briefly touched their highest levels for the month on Thursday before pulling back, while...
9 Feb 2023
ExxonMobil is creating a global trading division to compete more aggressively with the likes of BP, Shell and commodities trading houses...
9 Feb 2023
The US is comfortable with the approach India has taken in buying oil from Russia and is not looking to sanction New Delhi...
9 Feb 2023
Crude oil futures pulled back from earlier February highs Thursday, as markets wobbled amid concerns over growing inventories...
9 Feb 2023
The front of the ICE gasoil forward curve flipped to contango Thursday for the first time in two...
9 Feb 2023
Refined product stocks in the EU-16 hit a nine-month high in January on higher gasoline and...
9 Feb 2023
Canadian pipeline operator TC Energy said Thursday that the December spillage on the Keystone oil was due to a combination of factors, including...
9 Feb 2023
UK climate law charity ClientEarth on Thursday said it is taking oil major Shell's board of directors to court for failing to move away from
9 Feb 2023
Benchmark Asian LNG prices tumbled to the lowest levels in 17 months this week, as both Asia and Europe were seen emerging from the winter...
9 Feb 2023
Gasoil held in the ARA region increased just over 7% last week to its highest since March 2021...
9 Feb 2023
Trafigura is facing losses of over half a billion dollars after discovering metal cargoes it bought didn't contain the nickel they...
9 Feb 2023
Russia's oil output in February is showing signs of continuing to tick higher, with combined crude and condensate...
9 Feb 2023
Qatar's National Oil Company (NOC) has reduce Official Selling Prices (OSPs) for its Marine and Land grades...
9 Feb 2023
Transatlantic export economics for gasoline are wider than at any point in the last year...
9 Feb 2023
Residual fuel stocks at the world's biggest bunkering port crept 3% higher over the week amid a slowdown in demand...