Latest News

12 Dec 2022
OPEC+ crude production fell in November as cuts by Saudi Arabia and other Middle Eastern producers more than offset a rise in Russian and Kazakh supply...
9 Dec 2022
Gasoline refining margins turned negative this week for the first time since January 2021...
9 Dec 2022
The front two low sulfur gasoil futures flipped back into backwardation by the Friday London...
9 Dec 2022
A rebound in gasoil prices on Friday limited this week's losses after rising stocks, slowing demand...
9 Dec 2022
Marine fuel prices were hit hard over the week and fell to their lowest level since September 2021 as volatility in...
9 Dec 2022
Russia is considering cutting oil production as one of the measures in response to the decision of Western nations to introduce a price cap, Russian President...
9 Dec 2022
Crude oil futures Friday were trading higher on the day but facing sharp weekly losses, with oil benchmarks near to one-year lows...
9 Dec 2022
China's President Xi Jinping said Gulf states should use the Shanghai Petroleum and National Gas Exchange...
9 Dec 2022
Spain imported 1.13 million bpd of crude in October, preliminary data from Cores showed...
9 Dec 2022
Refined product stocks in the EU16 all fell over the month in November, according to Euroilstock data...
9 Dec 2022
Middle East benchmark Dubai crude posted the steepest weekly losses since March as economic headwinds took hold of sentiment...
9 Dec 2022
Diesel deliveries in India hit 1.93 million bpd in November, according to data from the government...
9 Dec 2022
TotalEnergies will write down the value of its investment in Russian gas producer Novatek and stop accounting...
9 Dec 2022
Dubai crude tumbled yet again Friday registering a sixth consecutive fall, while naphtha cargoes rose...
8 Dec 2022
Crude oil futures were trading sideways after another volatile session on Thursday, with initial gains given up...
8 Dec 2022
Crude sank to fresh lows Thursday as economic concerns outweighed early support from China's relaxation of...
8 Dec 2022
Siemens, Unilever, Maersk and DFDS were the latest companies to join a broad coalition across the FMCG, logistics and....
8 Dec 2022
Naphtha stocks in the ARA region drained 33% over the last week alongside a smaller fall in gasoline...
8 Dec 2022
Crude oil prices jumped on Thursday after a key pipeline from Canada to the US was reported to have leaked...
8 Dec 2022
Trading company Trafigura reported full-year profits of $7bn on Thursday...
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