Latest News

8 Aug 2022
The combined bullish bet held by money managers on both the Brent and WTI crude oil futures...
8 Aug 2022
US drillers cut the number of oil rigs for the first time in 10 weeks the week ending Aug 5, in a possible signal that lower prices could stall output growth...
5 Aug 2022
Crude oil futures Friday were higher, having this week slumped below pre-war levels as a wave of bearish sentiment and fears over...
5 Aug 2022
Brent ticked higher on the day by the London cash market close, but bearishness in the market...
5 Aug 2022
European and US gasoline refiner margins fell to levels last seen before the war in Ukraine...
5 Aug 2022
Cash differentials continued to plummet in the marine fuel market over the week, succumbing to supply-side...
5 Aug 2022
The first week of August was a volatile one for European and Asian diesel, with prices initially...
5 Aug 2022
Battery electric vehicle sales in the UK in July bucked the trend to grow their market share to 10.9%, even as overall...
5 Aug 2022
The Freeport LNG terminal is targeting early October for a partial restart of operations, which have suspended since...
5 Aug 2022
Russia has prohibited investors in energy and financial industry from what it deems to be hostile countries from...
5 Aug 2022
Middle East crude was sharply lower Friday and slumped to a fresh five-month low with this...
5 Aug 2022
Hungarian refiner Mol has left out its Urals refiner margin from its quarterly reporting for the...
5 Aug 2022
The gulf separating Iran and the US has grown further apart since the last round of nuclear talks in Vienna, European Union diplomats said...
5 Aug 2022
French gasoline demand hit a record high for the month of June, while diesel demand rose on the...
5 Aug 2022
Canadian and US oil producer and refiner Suncor was the latest energy company to report bumper profits this week with...
5 Aug 2022
The 2022 Atlantic hurricane season is still expected to be above-normal levels of storm activity, according to forecasts released late Thursday by...
5 Aug 2022
Middle East crude oil finished the week ending 5 August nearly 7% lower, broadly following the global selloff...
5 Aug 2022
Gasoline inventories held in the Amsterdam-Rotterdam-Antwerp trading hub reached a 16-month...
5 Aug 2022
A Floating Production Storage and Offloading (FPSO) vessel operated by Shell off Bayelsa coastline has been shut due to water leakage into the facility...
4 Aug 2022
Crude oil futures were firmly caught in the downtrend Thursday following the previous session's sharp sell off as latest US data from the...
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