Latest News

4 Jan 2023
Middle-distillates have come under sharp pressure this week as higher Chinese exports should help...
4 Jan 2023
Investment bank UBS has reaffirmed its firmer outlook for crude oil 2023, citing redirected Russian supplies, chronic underinvestment...
4 Jan 2023
Investment banks have halted their financing into the construction of the severely...
4 Jan 2023
Covid testing and other restrictions imposed on travellers from China has been criticised by IATA's
4 Jan 2023
Asian crude oil prices Wednesday slumped by around 6%, more than wiping out the previous-day's gains...
4 Jan 2023
A big draw in light end stocks in Fujairah last week started left stocks at the storage hub lower...
4 Jan 2023
OPEC boosted supplies by 150,000 bpd in December, with Nigeria effectively providing the entire gain as output...
3 Jan 2023
Oil was broadly flat on Tuesday on mixed economic data, as a sharp hike in China's first batch of 2023
3 Jan 2023
Crude oil futures Tuesday were drifting lower as economic growth warnings and Covid concerns dampened sentiment for the first trading day of the new year...
3 Jan 2023
Diesel sales in December by state-run refiners fell through December, with cooler weather and a seasonal...
3 Jan 2023
India increased its export duties on diesel and jet fuel exports as part of a fortnightly review as...
3 Jan 2023
The US tied with Qatar as the world's top exporter of liquefied natural gas 2022, underscoring the meteoric rise of North America as a...
3 Jan 2023
Global weekly travel demand rose to its highest since early October as China added over...
3 Jan 2023
Eurobob gasoline barge volumes slumped to a five-month low 170kt in December...
3 Jan 2023
Spanish gasoline demand flipped back above year-ago levels in November to its highest for the...
3 Jan 2023
Rising water levels on the Rhine River have been pressuring freight rates to their lowest...
3 Jan 2023
ICE Brent crude will be back to $100/b by around the second quarter of this year, Commerzbank said Tuesday...
3 Jan 2023
Eurocontrol expects European travel demand to only recover to pre-pandemic levels by 2025...
3 Jan 2023
Pakistan's oil product deliveries dipped for the first month in three, with a drop in diesel and fuel oil demand...
3 Jan 2023
Ultra-low sulphur diesel loadings at the Russian Baltic port of Primorsk are set...
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