Latest News
8 Feb 2023
Russian petroleum products are still in demand in EU countries, Deputy Prime Minister Alexander Novak...
8 Feb 2023
Europe will have to further cut its natural gas demand to rebuild its storage over the summer months...
7 Feb 2023
Crude oil futures on Tuesday maintained the firmer start to the week as focus flipped back to the demand side...
7 Feb 2023
The Inflation Reduction Act has already improved incentives for sustainable aviation (SAF) fuel production in the US..
7 Feb 2023
Crude oil futures rose more than $2.50/b at the cash market close in London compared to a day earlier as the...
7 Feb 2023
Brazil's state-owned oil company Petrobras has slashed the pump price of diesel 9% as crude prices and product...
7 Feb 2023
Crude loading at Turkey's Mediterranean port of Ceyhan resumed Tuesday, at least partially, after being suspended...
7 Feb 2023
A seasonal slowdown in gasoline output in December left Malaysia's total refined oil product output...
7 Feb 2023
French energy major TotalEnergies said oil product deliveries from its French refineries have been...
7 Feb 2023
BP will invest an additional $8 billion in its upstream business by the end of the decade unwinding...
7 Feb 2023
Tumbling energy revenues and soaring expenditure pushed Russia's federal budget to a deficit of 1.76 trillion rubles...
7 Feb 2023
Asian oil prices rebounded strongly on Tuesday as China's demand recovery came back into focus...
7 Feb 2023
Adnoc has increased OSPs for March-loading crude, with its flagship Murban grade set at...
7 Feb 2023
India will continue source oil from wherever it needs to in order to meet the country's burgeoning demand...
7 Feb 2023
New new car registrations reached 66.2 million units globally last year, industry body ACEA said...
7 Feb 2023
Iran's "ghost fleet" have switched to carrying Russian oil since western curbs on Moscow intensified, as the Kremlin turned to sanctions-busting techniques pioneered by Tehran...
6 Feb 2023
Monday brought another bearish day for crude with frontline Brent posting its lowest cash market...
6 Feb 2023
Crude oil futures Monday were slightly higher, rebounding from the previous-week's heavy losses of over 7%, although markets remained choppy amid conflicting price signals...
6 Feb 2023
Indian refiners have started paying for most of their Russian oil purchased via Dubai-based traders in UAE dirhams instead of US dollars...
6 Feb 2023
Global air passenger traffic continued to pick up in December to confirm a solid year of post-Covid gains for...