Latest News

Japanese crude oil throughput slowed to a two-month low in the week to September 17, as refiners...

Refinery output in the EU-16 fell in August, as declines in gasoline and naphtha outpaced higher...

Residual fuel stocks in the Asian bunkering hub of Singapore jumped by a fifth in the week to 21 September, hitting...

Japanese ethylene production hit a seven-month high in August as plants ramped up utilization rates...

Goldman Sachs has again reiterated its bullish outlook for oil prices heading into the fourth quarter...

Shipping costs for the largest class of oil tankers have soared to post-pandemic highs amid growing crude exports from the Middle East, along with...

Crude oil futures Wednesday were in retreat having given up earlier steep gains which came on reports of a potential a major storm heading towards the Gulf of Mexico next week...

Brent crude futures ended another choppy trading session below $90/b...

US distillate stocks continued to rebuild last week, nearing its target of 118 million barrels set by the EIA...

US gasoline inventories rebounded from last week's lows, led by higher Atlantic coast stocks...

Abu Dhabi National Oil Co. is considering a deal to buy all or part of commodity trading house Gunvor Group...

 Commercial crude stocks in the US climbed 0.3% (+1.4 million barrels) to a six-week high

Crude oil throughput at ExxonMobil's French refinery in Gravenchon has been slowed after...

Dubai cash for November delivery was assessed at $92.70/b for 21 September, $0.15/b higher on the day

The German government has taken near-complete control of Uniper, nationalising the country's largest natural gas importer...

The Bank for International Settlements (BIS) has warned high oil prices as a result of restrictions on Russian exports...

A big build in middle distillate stocks in Fujairah last week was only enough to partially offset big draws in residual...

A low-pressure weather system currently making its way across the Atlantic has been given a 90% chance of intensifying...

Norwegian crude oil production rose for a third straight month in August to hit its highest since...

Distillate prices in Asia have tumbled relative to Europe on news that China was ramping up exports...