Latest News
13 Oct 2022
OPEC+ decision to cut its crude oil production by 2 million bpd will likely boost crude oil prices...
13 Oct 2022
Refineries in Asia, excluding China, are set to trim run rates following the announcement of an...
13 Oct 2022
Japan's gasoline stocks reached their highest in nearly four months last week, while gasoil fell again...
13 Oct 2022
A 10-day-long strike at ExxonMobil's Fos-sur-Mer refinery in southern France came to an end...
13 Oct 2022
The operation of secondary units at two of Europe's largest refineries, both in the Rotterdam area...
13 Oct 2022
Swiss Kolmar Group AG will be the sole distributor of circular naphtha to be produced by Turkish...
13 Oct 2022
Asian crude oil prices retreated for a third session Thursday, taking losses since Monday to around...
13 Oct 2022
Pressure is building on Total to end its standoff with striking workers that have crippled the company's...
13 Oct 2022
Residual fuel stocks in Singapore slipped 12% to a four-week low, with the 2.7-million-barrel drop leaving...
13 Oct 2022
The price ceiling for Russian oil should be in the region of $60/barrel, which will reduce Russia's income from its exports without curtailing production...
13 Oct 2022
The growing rift between the United States and Saudi Arabia took another twist Thursday after Saudi said comments criticising the kingdom...
13 Oct 2022
The US EIA has reduced both its forecasts for global petroleum liquids production and global demand, as the weak economic outlook impacts...
12 Oct 2022
Crude oil futures Wednesday were drifting lower after OPEC slashed is 2022 demand forecast, although pricing signals remain mixed amid another choppy trading session...
12 Oct 2022
Crude oil fell to one-week lows during trading on Wednesday, with lingering demand fears running counter to...
12 Oct 2022
China would need between $14-17 trillion in additional investments for the power and transport...
12 Oct 2022
OPEC has made a sharp downwards adjustment its global oil demand growth forecast for both this year and 2023...
12 Oct 2022
All electric trucks will be cheaper to run than their diesel equivalents by 2035 while covering the same distance and...
12 Oct 2022
Shell's Nigerian subsidiary will restart crude oil exports from its Forcados terminal by the end...
12 Oct 2022
Kuwait has slightly increased its Official Selling Prices (OSPs) for crude loading in November, the company announced...
12 Oct 2022
Portugal's Galp saw a sharp fall in refining margins in the third quarter as gasoline cracks...