Latest News
18 Nov 2022
The first fuel oil from Kuwait's massive new Al-Zour refinery has made its way to the market, with owner KIPIC...
18 Nov 2022
A drop in low sulfur marine fuel demand in October left bunker sales at Fujairah at their lowest since June...
17 Nov 2022
Crude oil futures Thursday were in retreat, extending the previous session's losses following an easing of geopolitical tensions...
17 Nov 2022
Crude oil continued to fall on Thursday as demand-related headwinds left the market at a one-month...
17 Nov 2022
The UK government increased the windfall tax on oil and gas companies in Thursday's Autumn...
17 Nov 2022
Gasoline and naphtha inventories in the ARA region both increased this week...
17 Nov 2022
Domestic demand for refined products in India drove crude oil imports to a four-month high in October as the...
17 Nov 2022
Exports of Saudi crude oil hit a 17-month high in September, according to JODI data Thursday...
17 Nov 2022
The US Biden administration has asked Congress to approve a $500 million bill needed to modernize the four sites...
17 Nov 2022
The US government has condemned an attack on an oil tanker off the coast of Oman, saying Iran used one of...
17 Nov 2022
Naphtha refining margins have hit multi-month highs in Europe and Asia...
17 Nov 2022
Turkey is set to demand that oil tankers passing through the key Bosphorus shipping route must provide proof that they have adequate insurance...
17 Nov 2022
Japanese ethylene production recovered in October as maintenance ended, boosting...
17 Nov 2022
Middle East crude prices eased back Thursday although gained on Brent for the first time in a week, while gasoline cargoes...
17 Nov 2022
The US has joined 15 other countries in signing a non-binding memorandum of understanding targeting 100% new...
17 Nov 2022
QatarEnergy has awarded its monthly Al Shaheen tender for January at lower levels from the previous month, reflecting the broader weakness...
17 Nov 2022
Saudi Aramco announced a $7 billion investment to build a new steam cracker at its majority-owned...
17 Nov 2022
Distillate stocks in Singapore saw sizeable draws last week, with middle distillate inventories still under pressure...
17 Nov 2022
China's October refined oil product output hit an all-time high, with refiners boosting run rates to meet Beijing's...
17 Nov 2022
Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027...