Latest News
25 Jul 2022
A rally in gas prices set the bullish tone for the start of the week on Monday, although the London...
25 Jul 2022
Earnings at Portuguese refiner Galp Energia have soared past analyst expectations, posting a 90% jump from...
25 Jul 2022
Refining margins for low sulfur fuel oil continued to come under pressure in Asia at the start of the week, with easing...
25 Jul 2022
New Zealand's Z Energy has decided to permanently close its Te Kora Hou biofuels plant due to poor production economics...
25 Jul 2022
The recovery in global airline seat availability stalled this week, with capacity adjustments in China due to rolling...
25 Jul 2022
Argentina's road fuel consumption ticked higher in June and remained significantly above seasonal levels as...
25 Jul 2022
Compliance levels among members of the OPEC+ producer alliance soared to a record 320% in June, up from...
25 Jul 2022
Russian gas export monopoly Gazprom said Monday that delays to paperwork have meant it would cut off another turbine on the Nord Stream 1 gas pipeline....
25 Jul 2022
India announced it has set a target to raise the share of natural gas in the energy mix to 15%, from 6.3% currently...
25 Jul 2022
Maintaining gasoline subsidies at current levels will cost Nigeria more than USD $16 billion (6.72 trillion naira) in 2023, an increase of 70%...
25 Jul 2022
Middle East crude prices opened the week lower as demand concerns continued to weigh on sentiment, while...
25 Jul 2022
The volume of crude processed by Indian refineries fell 1.5% in June compared to a month earlier...
25 Jul 2022
Shell has decided to lock out staff at its Prelude floating liquefied natural gas facility as workers continue to take industrial action...
25 Jul 2022
Output of refined products in Brazil in June rebounded from May's three-month lows led by gains in diesel, which...
25 Jul 2022
Fund managers cut bullish bets in European gasoil and trimmed bearish ones to take the net...
22 Jul 2022
Crude oil futures Friday were slightly higher, as markets as switching back to the supply side and potential shortages...
22 Jul 2022
Crude crept marginally higher by the cash market close in London for what has been a relatively...
22 Jul 2022
European gasoline cracks tumbled to three-month lows while US and Asian margins hit pre-Ukraine...
22 Jul 2022
European diesel prices continued to come under pressure, helped by falling crude values, although crack...
22 Jul 2022
Refining margins in the marine fuel market continued to tank last week as supply of fuel oil continued to increase across...