Latest News

Brazil's refined product output dipped to a three-month low in May led by a double-digit drop for naphtha and a large fall...

Sri Lanka has announced a two-week halt to all fuel sales except for essential services and appealed to the private sector to...

The world's biggest LNG producer has teamed up with an energy industry-led body saying it aims to eliminate...

Indonesia will start testing a 40% mix of biodiesel (B40) in road diesel in July, with the results of the five-month...

Shell has suspended liquid gas cargoes loading from its Prelude floating LNG facility offshore Australia, following industrial action from...

Middle East crude continued the week's firmer trend Tuesday, with those gains eating further into spot cracks in...

Global primary energy demand rose nearly 6% in 2021, overtaking 2019 levels by 1.3%....

Air passengers travelling in the APAC region reached a fresh pandemic high in May as states unwound strict...

China has issued a further 52.66 million mt of crude oil import quotas to independent refiners...

French President Emmanuel Macron let slip Monday that the UAE's leader recently told him on a call that two of OPEC's leading oil exporters...

Top US energy support company Schlumberger is to exit Iraq's Kurdistan region following an Iraqi federal court ruling which deemed...

Leonid Fedun has stepped as Vice President for Strategic Development at Lukoil, effective June 27, after...

Crude oil futures Monday were trading higher as G7 talks continued with further sanctions against Russia topping the agenda...

Finnish refiner Neste will nearly double its production capacity of biofuels such as sustainable...

G7 leaders meeting in Germany Monday have pledged a new round of sanctions targeting Russia, which could include...

Diesel and gasoil crack fell to two-week lows by the European Monday close amid muted buying...

A low-pressure weather system currently making its way across the Atlantic has been given a 90% chance of intensifying into a storm...

Weekly US oil demand, production and trade data produced by the Energy Information Administration....

Producer group OPEC+ cut its projected 2022 oil market surplus to 1 million barrels per day (bpd), down from...

Weekly scheduled airline seats rose to a new-pandemic high of 99.9 million as Chinese airlines...