Latest News

10 Oct 2022
Strikes at French refineries will continue this week after the CGT union rejected TotalEnergies' offer to bring salary...
10 Oct 2022
Investors rebuilt bullish positions on crude and oil product futures last week...
9 Oct 2022
Eight energy companies have bought 10.15 million barrels in the latest crude oil sale from the US Strategic Petroleum reserve...
9 Oct 2022
North American drilling activity dipped for the first time in nearly a month for the week ending October 7...
7 Oct 2022
Crude oil futures Friday were again racing higher as benchmarks saw another surge heading into the weekend...
7 Oct 2022
Global diesel markets rocketed higher this week with cracks for cargoes into Europe rallying $14/b...
7 Oct 2022
Crude pushed higher again in the Friday session, extending gains on OPEC+ production cuts...
7 Oct 2022
Asian marine fuel prices rose to a two-month high over the week, bolstered by bullish moves in the crude market...
7 Oct 2022
The Biden administration is preparing to scale down sanctions against Venezuela, allowing US oil major Chevron to resume pumping oil...
7 Oct 2022
More than $270 trillion of investments in decarbonisation actions are needed if the global...
7 Oct 2022
Demand for diesel in India crept marginally higher in September, rebounding from monsoon hit...
7 Oct 2022
The UK has issued a new round of licenses for exploration and development of oil and gas in the North Sea...
7 Oct 2022
Adnoc has cut Official Selling Prices for November-loading crude, with its flagship Murban grade set at
7 Oct 2022
Middle East benchmark Dubai crude raced higher the week ending 7 October, as Wednesday's OPEC+ meeting dominated...
7 Oct 2022
OMV's Schwechat, Austria's only oil refinery, is running again at full capacity after it was knocked...
7 Oct 2022
The maximum volumes river barge can carry on the Rhine will crunch again over the next two weeks...
7 Oct 2022
Benchmark Dubai crude registered gains for a fourth consecutive session Friday as the ripple effect from...
7 Oct 2022
Diesel held in the ARA region increased 1.5% this week to its highest since November 2021 as imports...
7 Oct 2022
Operations have been disrupted following a  fire at Marathon Petroleum Corp's refinery in Garyville...
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