Latest News

26 Jan 2023
Utilization rates at Japan's crackers sank to at least a ten-year last month on subdued regional demand...
26 Jan 2023
Colombian state-owned Ecopetrol has been forced to slow crude throughput at the nation's largest...
26 Jan 2023
River barge rates on the Rhine are hovering near six-month lows even as falling water levels are limiting...
26 Jan 2023
TotalEnergies has suspended product shipments from its French sites Thursday, except the Feyzin plant...
26 Jan 2023
Benchmark Dubai crude was slightly lower Thursday although Asian crude markets have been largely moving sideways...
26 Jan 2023
Pemex's 340,000 bpd refinery at Deer Park remained closed Thursday after storm damage caused by a tornado...
26 Jan 2023
Fuel oil stocks in private storage in Singapore fell to their lowest level in three months last week, but middle...
26 Jan 2023
Natural gas shortages in Pakistan are set to worsen in February after Italian energy firm ENI defaulted on the supply...
26 Jan 2023
Dubai's Department of Petroleum Affairs has reduced the Official Selling Price (OSP) for Dubai crude loading in April to a discount of $0.20/b...
26 Jan 2023
Moscow has hit back at pledges from the US and Europe to supply Ukraine with advanced tanks to support its military efforts against...
26 Jan 2023
Rates for freight containers have collapsed from the peaks of 2022, with the cost of a standard 40-foot box container slumping by around 90%...
25 Jan 2023
Crude oil futures slipped into slight negative territory after a late selloff Wednesday, paring initial gains following a lower-than-expected crude stocks build reported by the EIA...
25 Jan 2023
Crude futures were pegged just $0.17/b down on the day at the time of the European oil market...
25 Jan 2023
State-owned Pemex's refinery in Olmeca will start processing crude by the start of July...
25 Jan 2023
US refinery crude throughput ticked 0.9% higher week-on-week to a four-week high of 14.98 million bpd but volumes remain well below levels...
25 Jan 2023
US gasoline inventories hit a fresh nine-month high last week, but seasonal restocking...
25 Jan 2023
Los Angeles County has blocked new oil and gas drilling and will phase out of existing operations, expanding on a city-wide ban...
25 Jan 2023
US middle distillate stocks fell for the fourth straight week in the seven days ending 20th January...
25 Jan 2023
US oilfield services firm Halliburton has reported better-than-expected fourth-quarter results, with the firm's fracking equipment fully booked...
25 Jan 2023
European natural gas continued January's sharp price retreat Wednesday with temperatures expected to rise later in the week after a brief cold snap, while US exports...
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