Latest News

7 Jul 2022
Sri Lankan President Gotabaya Rajapaksa said he had spoken with Russian counterpart Vladimir Putin to seek credit help in order to import fuel...
7 Jul 2022
Middle East crude continued to retreat as benchmark Dubai dipped below $100/b for the first time since mid-April...
7 Jul 2022
Pakistan LNG Limited (PLL) has failed to attract any offer from suppliers in its latest LNG tender...
7 Jul 2022
Gasoline sales at British forecourts slid at the start of July while diesel sales stagnated, with...
7 Jul 2022
Big builds in light end and residual fuel stocks in Singapore in the week to 6 July pushed private stocks in the...
7 Jul 2022
Kazakhstan's president has said the country needs to find new export routes for its energy, diversifying its...
7 Jul 2022
The US Treasury said late Wednesday it was freezing the assets of members of an international network for violating oil sanctions against Tehran...
6 Jul 2022
European diesel and gasoline cracks tumbled to a two-month low by Wednesday's close as recession...
6 Jul 2022
The US and its allies have discussed a price cap on Russian crude oil exports at range between $40 and $60 per barrel...
6 Jul 2022
Crude oil futures Wednesday extended losses following the huge sell-off that saw headline Brent prices drop $10/b in the previous session...
6 Jul 2022
The east-west arb in the global jet fuel market continued to widen on Wednesday, hitting a 10-day high as...
6 Jul 2022
China announced plans to ramp up the number of weekly overseas commercial flights ahead...
6 Jul 2022
China has issued its latest batch of low sulfur fuel oil export quotas, adding another 5 million mt available for...
6 Jul 2022
Energy major Shell is to build what it says will be Europe's biggest renewable hydrogen plant...
6 Jul 2022
A Commercial Court in Baghdad has declared four oil contracts void this week, as the federal Oil Ministry intensifies its push to implement...
6 Jul 2022
Spanish crude oil imports in May hit their second-highest level on record with US and Canadian...
6 Jul 2022
Austria will order industry and utilities to make plants run on alternatives to natural gas where possible, including oil, as the central European state...
6 Jul 2022
The European Parliament voted Wednesday for investments in certain nuclear and natural gas projects to be classed as...
6 Jul 2022
A Russian court has ordered the Caspian Pipeline Consortium (CPC) to shut its Black Sea export route for 30...
6 Jul 2022
Middle East crude prices tumbled around 8.5%, catching up with Tuesday's oil selloff, while product cracks were hit...
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