Latest News
19 Dec 2022
Crude oil futures Monday were climbing higher on growing optimism over China's economic recovery, while plans announced by the US for a limited SPR buyback...
19 Dec 2022
European gas prices Monday sunk to the lowest levels in over a month after markets comfortably passed the first cold-weather test of winter...
19 Dec 2022
Oil prices edged higher at the start of the week as optimism over prospects for China's economy and...
19 Dec 2022
Global crude oil output fell in October and was led lower by a drop in production from Saudi Arabia, Russia...
19 Dec 2022
A group of investors with assets of more than $1.3 trillion has co-filed climate resolutions to urge four of the world's leading...
19 Dec 2022
India is ready to offer 20% blending ethanol in gasoline (E20) at certain forecourts from next...
19 Dec 2022
Moscow is considering further proposals on how to further respond to the oil price cap set by "unfriendly states"....
19 Dec 2022
Airlines have cut seat capacity ahead of the typical bumper holiday season, leaving total seats...
19 Dec 2022
Kazakhstan's crude oil output continued to recover in November after a stop-start year, although 2022 production...
19 Dec 2022
SABIC has signed a mou with energy giant Saudi Aramco and Sinopec to assess...
19 Dec 2022
Speculative net length in Brent crude futures fell to the lowest level in more than two years...
19 Dec 2022
Bunker sales in Fujairah dipped 3% month-on-month in November, with a big drop in high sulfur fuel oil volumes...
19 Dec 2022
Asian oil prices eased back Monday after the late Brent losses in the previous session while distillate...
19 Dec 2022
Exports of diesel and jet fuel from the world's biggest crude importer hit the highest level...
19 Dec 2022
North American drilling activity was lower the week ending 16 December, falling for the second consecutive...
16 Dec 2022
Light ends were under pressure again this week as expensive freight costs weighed on exports...
16 Dec 2022
Crude prices were down for a second session during European trading hours on Friday, with concerns over demand...
16 Dec 2022
The US Department of Energy announced Friday it was seeking 3 million barrels of sour crude...
16 Dec 2022
The introduction of the price cap mechanism on Russian seaborne oil exports by the Group of 7...
16 Dec 2022
Low sulfur fuel oil prices bounced off fresh multi-month lows this week but were only able to eke out the slimmest...