Latest News
12 Oct 2022
Malaysia's diesel production jumped 32% month-on-month to 1.633 million mt, with output some 38% ahead of the...
12 Oct 2022
Asian crude oil prices continued to slide Wednesday as benchmark Dubai lost further...
12 Oct 2022
Inventories in the EU-16 fell in September, as gasoline, middle-distillates and naphtha were all drawn...
12 Oct 2022
The French government has issued requisition orders to force workers at ExxonMobil's Normandy back to work...
12 Oct 2022
A leak has been detected on the Druzhba oil pipeline in Poland that carries Russian crude to Germany, although...
12 Oct 2022
Intensive lobbing by US officials for Saudi Arabia and other major Gulf producers to delay any OPEC+ production cut for another month was brushed aside...
12 Oct 2022
Residual fuel stocks in Fujairah continued to build last week, hitting their highest levels since June 2021 as a...
12 Oct 2022
Mexico has stared its huge annual oil-hedging program, where the government will use complex derivative instruments to lock in a price floor and...
11 Oct 2022
Crude oil futures Tuesday were again lower after the previous-session's late selloff, as markets gave up some of last week's strong gains...
11 Oct 2022
he International Monetary Fund (IMF) issued its starkest warning for years on the state of the global economy...
11 Oct 2022
Staff at TotalEnergies' Donges refinery in France belonging to the CGT union have threatened to join ongoing strikes that...
11 Oct 2022
Crude and product prices retreated on Tuesday, as fears over the state of the global...
11 Oct 2022
President Joe Biden feels that the US' relationship with Saudi Arabia needs to be re-evaluated in the wake of the OPEC+ decision last week to decrease oil production...
11 Oct 2022
Sri Lanka has once again closed its only oil refinery in Sapugaskanda, with the crisis hit country unable to raise funds to pay for crude oil...
11 Oct 2022
Spain's Cepsa has agreed a deal with the Port of Rotterdam to supply green hydrogen from Algeciras...
11 Oct 2022
More than a dozen global investors are suing Glencore in London's High Court, in a class-action-style lawsuit prompted...
11 Oct 2022
Kazakhstan has produced 61.9 million mt of crude oil in the nine months to the end of September, energy minister...
11 Oct 2022
Global airline capacity jumped nearly 4% this week to 93.3 million seats as Chinese airlines...
11 Oct 2022
Asian crude prices dropped for the first time in more than a week as the OPEC-led rally final running out of steam, while...
11 Oct 2022
The OPEC+ alliance lifted total crude oil output by 170,000 bpd in September, the group's highest since April 2020...