Latest News

26 Dec 2024
Japan's Taiyo Oil is set to close two of its crude distillate units at the 138,000 bpd Shikoku refinery this week for a scheduled...
26 Dec 2024
The Chinese government issued its first slice of clean oil product export allowance for next year at 19 million mt, according to local...
26 Dec 2024
Oil product stocks in Japan continued to slide last week, underpinned by a large draw of kerosene inventories as cold temperatures in...
26 Dec 2024
Residual fuel inventories in Singapore were marked sharply lower in the run-up to Christmas as a surprisingly large build in inventories...
24 Dec 2024
Crude oil futures were edging higher Tuesday, albeit on thin pre-holiday volumes as benchmarks hovered at around...
24 Dec 2024
Crude was higher Tuesday with attention squarely on 2025 during the short trading day, leaving European product prices struggling to keep up...
24 Dec 2024
Indian Oil Corporation (IOCL) will invest $7 billion to develop a naphtha cracker complex in Paradip, a port city in eastern India's Odisha state...
24 Dec 2024
European gas prices Tuesday were consolidating the solid gains registered since mid-month, amid ongoing uncertainty over Russian supplies...
24 Dec 2024
A senior Republican Senator has taken a fresh swipe at the International Energy Agency (IEA) for a perceived narrow focus on the climate...
24 Dec 2024
The UK government has launched a consultation to refine its strategy for phasing out petrol and diesel cars by 2030, inviting input from...
24 Dec 2024
Middle East crude prices steadied heading into the holidays as Dubai continued to outpace Brent, while trading in the Singapore refined...
24 Dec 2024
India's domestic crude runs rebounded last month as seasonal maintenance and the last of the heavy monsoon rains subsided...
23 Dec 2024
Crude and product prices were inching lower Monday, moving into a holding pattern amid thin holiday trade.
23 Dec 2024
Crude oil futures started the week lower, although benchmarks were moving into a holding pattern amid thin holiday trade...
23 Dec 2024
US natural gas futures were trading close to two-year highs on Monday, having consolidated last week's 14% gains as colder weather...
23 Dec 2024
Naphtha cracks in Asia hit their highest levels in a month and a half during Monday's trading session as Chinese government stimulus...
23 Dec 2024
Argentina's road fuel consumption was up 6% on the month in November as the first green shoots of economic recovery started to appear...
23 Dec 2024
Workers were evacuated and one remains missing Monday after the partial collapse of an oil rig in the waters offshore Trinidad and Tobago...
23 Dec 2024
North American drilling activity was unchanged for a second week with major oil gas basins largely steady, according to the latest report...
23 Dec 2024
India is on track to receive its highest volume of crude in at least three years, vessel tracking data showed Monday...l
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