Latest News
28 Sep 2022
China's economy is rebounding from the second quarter rough and oil demand likely to rebound next year as Beijing eases Covid-19 restrictions...
28 Sep 2022
The European Union is set to outline its proposal for a price cap on Russian oil to members on Wednesday...
28 Sep 2022
TotalEnergies' 240,000 bpd Gonfreville refinery started shutdown procedures on Wednesday following a strike...
28 Sep 2022
Marine fuel supplier Peninsula launched physical operations in the port of Fujairah...
28 Sep 2022
Middle East crude prices Wednesday posted a small gain for the first time in a week, while higher sulfur diesel...
28 Sep 2022
Japan's crude oil throughput fell to a two-month low last week as typhoon Nanmadol disrupted...
28 Sep 2022
Crude oil production in the Gulf of Mexico dropped as Hurricane Ian bearded towards Florida's southwest...
28 Sep 2022
Middle distillate stocks in Fujairah spiked to their highest level since February 2021 last week, jumping 58% to...
27 Sep 2022
European diesel refiner margins jumped $4/b by the Tuesday London close as apparent sabotage...
27 Sep 2022
A strong dollar and weaker demand have meant investment bank Goldman Sachs has tempered its forecast for crude...
27 Sep 2022
Crude oil futures were higher on Tuesday, bouncing from the previous session's nine-month lows amid growing...
27 Sep 2022
Global airline capacity rose to a four-week high in a late summer revival, but ahead of an expected...
27 Sep 2022
Refinery outages in France worsened on Tuesday as workers at three TotalEnergies sites joined strike action...
27 Sep 2022
A series of leaks on natural gas pipelines running from Russia to Europe under the Baltic Sea have stoked intrigue...
27 Sep 2022
Discounts on the sale of Russian Urals crude have shrunk significantly from around $35/barrel seen shortly after the invasion of Ukraine...
27 Sep 2022
Middle East crude prices Tuesday retreated for the fourth consecutive session Tuesday, while interest in the products market shifted to...
27 Sep 2022
Only a cut in OPEC+ production levels of at least 500,000 bpd can put a stop to the current bearish...
27 Sep 2022
Oil majors Chevron and BP have shut in four offshore oil and gas platforms located in the Gulf of Mexico worth...
27 Sep 2022
G7 states may consider pre-Covid levels as a basis for the price cap imposed on Russia barrels from December...
26 Sep 2022
Crude fell to fresh lows in a choppy opening session dominated by renewed concerns over the state of the world...