Latest News

6 Jul 2022
The Japanese government is set to crank up its gasoline subsidy again from this Thursday after...
6 Jul 2022
Strike action by Norwegian oil and gas workers, which threatened to cut its gas exports...
6 Jul 2022
A big build in residual fuel and middle distillate stocks led oil product stocks in Fujairah to their highest level in a year...
6 Jul 2022
The outgoing Secretary General of OPEC, Muhammad Sanusi Barkindo, died suddenly late Tuesday...
5 Jul 2022
Crude oil futures came under huge selling pressure Tuesday amid further inflationary and recession fears, as the US dollar soared to...
5 Jul 2022
Ecuador's oil output has recovered by around 90% since a deal between the government and demonstrators ended nationwide protests late last week, with output up to...
5 Jul 2022
To say crude tanked would be an understatement Tuesday, with the front month contract falling by...
5 Jul 2022
Record high refining margins, led by surging diesel and gasoline production margins, is set to accelerate...
5 Jul 2022
Switzerland's Varo Energy unveiled plans Tuesday to achieve net-zero by 2040, ramp up advanced biofuels...
5 Jul 2022
Continued tightness in the Asian low sulfur fuel oil market pushed the east-west arbitrage to a fresh high...
5 Jul 2022
Natural gas exports from the Norwegian continental shelf will fall by nearly 60% from Saturday as more oil...
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...
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