Latest News

21 Feb 2025
Italy's fuel consumption in January 2025 decreased by 4.3% year-on-year to 3.8 million mt, primarily due to reduced diesel usage...
21 Feb 2025
Mercuria has signed a deal with Oman to lift 800,000 metric tonnes per annum, starting in April 2025...
20 Feb 2025
A Court of Appeals in Michigan has found no reason to revoke a permit issued to Enbridge by the ...
20 Feb 2025
The Port of Corpus Christi in Texas exported 2.41 million bpd of crude in January, an increase over the month prior...
20 Feb 2025
President Donald Trump's plans to cut taxes for oil and gas companies could spur more production, but...
20 Feb 2025
Crude oil futures Thursday were firmer, as markets extended the week's solid upwards trend...
20 Feb 2025
US natural gas futures posted fresh two-years Thursday before rowing back, amid sharp price swings as arctic conditions blasted the eastern...
20 Feb 2025
Benchmark crude oil futures extended gains on Thursday as attention pivoted toward global supply concerns, while LSGO cracks rebounded...
20 Feb 2025
Ghana National Petroleum Corporation appointed this week its second new top executive in a month as the state-owned oil company appears to...
20 Feb 2025
A fourth weekly gain pushed US commercial crude oil inventories last week to the highest since July 2024...
20 Feb 2025
Distillate fuel oil inventories in the United States fell by more than two million barrels last week to register a fresh three-month low as demand...
20 Feb 2025
US gasoline inventories inched lower last week as seasonal inventory building appeared to have run its course...
20 Feb 2025
Phillips 66 has leased a new floating storage unit (FSU) off Singapore in the Malacca Straits for fuel oil storage, Reuters reported Thursday...
20 Feb 2025
Italian prosecutors have launched a terrorism investigation into explosions that have struck oil tankers carrying Russian crude, as a series...
20 Feb 2025
Structure at the front of the Singapore HSFO 380 CST paper curve firmed further during Thursday's window as the M1/M2 spread hit its widest...
20 Feb 2025
Spain's Repsol reported a decline in fourth-quarter earnings on Thursday as lower refining margins compounded weakness in middle distillates...
20 Feb 2025
Saudi Arabia's Crown Prince and Russia's President have held talks this week in a call that is likely to have a strong bearing on the next...
20 Feb 2025
Refined oil products inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub fell for the third...
20 Feb 2025
HF Sinclair reported a larger-than-anticipated loss for the fourth quarter, the company announced on Thursday, adding its name to the long list...
20 Feb 2025
Canadian oil sands producer Cenovus Energy posted a decline in fourth-quarter profits on Thursday as rising production was...
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