Latest News

18 Jul 2022
Output of crude and condensates in Kazakhstan rose 5% in the last seven days compared...
18 Jul 2022
The head of the IEA has urged European governments to fire up oil-fired and coal-fired power...
18 Jul 2022
The first oil tanker arrived in Libya's Gulf of Sirte on Sunday after the revamped National Oil...
18 Jul 2022
Funds speculating on the future price of US gasoline are at their least bullish in two years...
18 Jul 2022
Bangladesh is set to skip spot LNG purchases for the second consecutive month in August as soaring prices make the power-generation fuel prohibitively expensive...
17 Jul 2022
Sasol Ltd., South Africa's largest fuel producer, has declared force majeure on the supply of refined products due to delays...
15 Jul 2022
Crude oil futures Friday were climbing higher as prices consolidated after rebounding from the near five-month lows recorded in the previous session...
15 Jul 2022
The spectacular collapse in gasoline outright prices and cracks continued unabated this week, as recessionary fears and demand destruction...
15 Jul 2022
Brent crude rose sharply during trade on Friday as shorts squared off positions ahead...
15 Jul 2022
Australian diesel imports continued to rise in May as idled domestic refining capacity and a reopening...
15 Jul 2022
Saudi Arabia more than doubled the amount of Russian fuel oil it imported in the second quarter of this year to feed...
15 Jul 2022
A 10% build in gasoline stocks helped lift ARA storage volumes last week and offset a draw in residual fuels...
15 Jul 2022
Residual fuels continue to be pulled around by the distillates complex, with a persistent tightness of supply of...
15 Jul 2022
Bunker fuel sales from the Middle Eastern hub of Fujairah hit a five-month low in June...
15 Jul 2022
Imports of gasoline into Pakistan have fallen 25% after wholesale prices rose sharply in May...
15 Jul 2022
Diesel cracks in Europe rebounded this week, although the market structure was...
15 Jul 2022
Middle East crude oil finished the week ending 15 July more than 5% down, dragged lower by the global oil selloff, although fared much better than...
15 Jul 2022
Energy major Chevron could be landed with another multi-million dollar charge for carbon offsets for its Gorgon...
15 Jul 2022
Middle East crude registered a price rise for the first time this week, while gasoline cracks continued to slide, tumbling to...
15 Jul 2022
Crude throughput in China rose marginally in June compared to May as the country started to unwind travel restrictions...
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