Latest News

5 Oct 2022
OPEC+ announced Wednesday a production cut of 2 million bpd barrels per day from November, which was at the higher end of...
5 Oct 2022
US jet fuel and distillate fuel stocks tumbled to multi-month lows by the end of September as an increase...
5 Oct 2022
EU members have backed down on opposition to a gas price cap and are willing to negotiate to...
5 Oct 2022
US gasoline inventories fell to their lowest since 2014 in the last week of September
5 Oct 2022
US commercial crude stocks fell to a one-month low at the end of September...
5 Oct 2022
Japan's crude oil throughput rebounded last week as disruption from typhoon Nanmadol subsided...
5 Oct 2022
France is "not experiencing" a fuel shortage, a government spokesperson said Wednesday, as....
5 Oct 2022
EU ambassadors have signed off on a plan to put a price cap on Russian oil as part of a G7-backed attempt to...
5 Oct 2022
Ryanair flew a record 15.9 million passengers in September, as traffic on the low-cost airline...
5 Oct 2022
Asian crude oil markets continued the week's firmer tone Wednesday ahead of the anticipated steep cut in...
5 Oct 2022
US oil industry groups have warned the Biden administration a ban on refined product exports...
5 Oct 2022
Oil product stocks in Fujairah crept to a fresh two-year high as inventories at the Middle Eastern storage hub...
5 Oct 2022
The global airline capacity this year is set to average at 18.5% below pre-pandemic levels, travel data..
4 Oct 2022
Backwardation in the European diesel market jumped to its highest level since late March as some 2 million bpd...
4 Oct 2022
Crude oil futures Monday were building on the sharp gains from the previous session, amid growing expectations that OPEC+ is planning...
4 Oct 2022
 Industrial action in France and a relatively large maintenance season has sidelined...
4 Oct 2022
A mid-ranking US Democrat politician has slammed reports that the OPEC+ producer group is set to slash output next month and  called on the White House to retaliate against...
4 Oct 2022
Asian gasoline cracks turned negative again on Tuesday, with Q4 refining margins falling to two-and-a-half year...
4 Oct 2022
Neste's 206,000 bpd Porvoo refinery in Finland has started maintenance that will continue until November...
4 Oct 2022
The energy industry needs to work towards an orderly transition to renewables rather than follow the plan currently in place, Saudi Aramco...
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