Latest News

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...
6 Oct 2022
Crude consolidated recent gains on the decision by OPEC+ to cut output by a sharp 2 million bpd...
6 Oct 2022
The decision by OPEC and its allies to slash oil production has been viewed as a major snub by the US and Washington set to hit back...
6 Oct 2022
France has turned to strategic reserves and higher imports to help alleviate fuel shortages
6 Oct 2022
Spanish gasoline demand seasonally slowed in September to fall to 7% above pre-pandemic levels...
6 Oct 2022
Crude oil futures Thursday were higher after consolidating the week's firm gains, bolstered by the OPEC+ decision...
6 Oct 2022
The OPEC+ group's decision to reduce output from next month will see daily production fall as much as 1.4...
6 Oct 2022
Energy major Shell said its oil refining margins nearly halved in Q3 compared to the previous three-month...
6 Oct 2022
Gasoline cracks in northwest Europe are at their widest since mid-August...
6 Oct 2022
Norwegian crude oil production is set to rise by 15% next year as output from the Johan Sverdrup field...
6 Oct 2022
Asian crude oil markets continued the week's firmer tone Thursday in a positive reaction to the headline cut in...
6 Oct 2022
Global air passenger bookings continue to paint a positive picture for the airline sector, IATA...
6 Oct 2022
The price of cargoes of diesel loading out of the hub of Singapore surged to a one-month high in trade...
6 Oct 2022
Saudi Aramco has kept its Official Selling Prices (OSPs) for November-loading crude largely stable on sales into Asia, at the low end of expectations after...
6 Oct 2022
Oil product inventories were up across the board in Singapore last week, with a jump in residual fuels and light...
6 Oct 2022
Repsol's 180,000 bpd refinery in Tarragona has started a two-month planned maintenance...
5 Oct 2022
A barrage of bullish news lit a fire under oil and product prices on Wednesday as a long-expected...
5 Oct 2022
Crude oil futures Wednesday were climbing higher after consolidating the steep two-day gains this week, as OPEC announced...
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