Latest News
17 Aug 2022
New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to blame for higher oil prices or soaring global inflation...
17 Aug 2022
Saudi Arabian crude oil exports hit a new post-pandemic high in June even as domestic refining...
17 Aug 2022
Asian LNG futures soared to record highs this week with buyers increasingly forced to compete with runaway European prices...
17 Aug 2022
Crude oil throughput at China's refineries was down in July compared to June as Covid-related lockdowns...
17 Aug 2022
A big drop in middle distillate stocks in Fujairah led stocks lower last week, while light end stocks jumped to a...
17 Aug 2022
Australia's Santos has given the go-ahead for a $2.6 billion oil field project in Alaska to expand its production beyond the Asia-Pacific region...
17 Aug 2022
The Chinese lithium hub in the Sichuan province will ration electricity supply to factories until Saturday, as a heatwave sends power demands soaring...
16 Aug 2022
Crude oil futures Tuesday were trading lower amid choppy trading conditions, extending losses into a third day...
16 Aug 2022
Propane cargoes landed in northwest Europe jumped to a premium over naphtha cargoes for...
16 Aug 2022
PMorgan CEO Jamie Dimon has insisted that boosting natural gas production in the US is not at odds with the goal of reducing greenhouse gas emissions...
16 Aug 2022
European diesel and gasoil refiner margins rose for a sixth straight session on Tuesday amid slow...
16 Aug 2022
The European Union said it is studying Iran's response to a "final" draft agreement on reviving a 2015 nuclear accord...
16 Aug 2022
Germany denied Tuesday a report carried by the Wall Street Journal that it plans to postpone the closure of the country's last three nuclear power plants...
16 Aug 2022
Middle distillate refining margins have hit their highest levels in a month, with demand for diesel and jet...
16 Aug 2022
The Middle East benchmark Dubai crude price sunk to six-month lows Tuesday on continued fears over demand growth, while market structure continued to contract...
16 Aug 2022
European natural gas prices surged to fresh six-month highs Tuesday and near to all-time closing highs, boosted by ongoing concerns over...
16 Aug 2022
Pakistan's crude oil and products imports slipped a combined 13% in July as a big drop in gasoil volumes led...
16 Aug 2022
German energy conglomerate Uniper has fired up its oil-fuelled reserve and peak plant in southern Sweden for most of the...
16 Aug 2022
The maximum load river barges can take across the chokepoint on the Rhine River near Kaub...
16 Aug 2022
Kazakhstan's crude output for July rebounded 13% as seasonal field maintenance ended, although a...