Latest News

5 Jul 2022
Shell became the latest energy major to take a stake in a $29 billion project to boost Qatar's LNG exports...
5 Jul 2022
Abu Dhabi National Oil Co. (ADNOC) has hiked Official Selling Prices (OSPs) for August-loading crude, with its flagship Murban grade set at...
5 Jul 2022
Gasoline sales in Spain rebounded sharply in June, already overtaking last summer's peak despite...
5 Jul 2022
Saudi Aramco has sharply hiked its Official Selling Prices (OSPs) on August-loading crude oil for Asia, largely in line...
5 Jul 2022
A continued rebuild in Chinese airline capacity has boosted total scheduled seats this week...
5 Jul 2022
Middle East crude maintained the week's upwards trend as Saudi announced the widely-expected hike in OSPs, while in products ENOC continued its  gasoline buying flurry...
5 Jul 2022
The premium of diesel over Brent crude in Singapore fell for the second successive day on Tuesday...
5 Jul 2022
Goldman Sachs has hiked its forecast for Dutch TFF natural gas futures as it no longer expects...
4 Jul 2022
Crude oil futures Monday were climbing higher, rebounding from earlier losses as demand destruction and crude production shortfalls...
4 Jul 2022
European gasoline cracks rebounded from a six-week low after a fire at Equinor's Mongstad refinery...
4 Jul 2022
The spread between the price of Asian cargoes of high sulfur fuel oil and 0.5% marine fuel continued to widen...
4 Jul 2022
Kazakhstan's average June crude and condensate output was down 19% from May and 17% from June 2021...
4 Jul 2022
Saudi Aramco, the world's top crude exporter, is expected to sharply increase OSPs for August to its key customer base in Asia...
4 Jul 2022
TTF natural gas futures surged over 7% on Monday morning after the Norwegian oil and gas...
4 Jul 2022
A lack of investment in refining capacity in recent years has distorted global refined product prices and boosted...
4 Jul 2022
ExxonMobil has commenced restart procedures at its 140,000 bpd refinery in Fos-sur-Mer after industrial...
4 Jul 2022
Middle East crude markets started the week on a firm footing for both flat price and structure, while distillate cracks...
4 Jul 2022
Refined oil products output at the 226,000-bpd Mongstad Norwegian oil refinery has been...
4 Jul 2022
Net long positions in US gasoline and diesel contracts held by money managers have fallen 20%...
4 Jul 2022
Sri Lanka's energy minister has issued a stark warning over the country's fuel stocks as it faces its worst economic crisis in...
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