Latest News

22 Jun 2022
US President Biden has called on Congress to suspend the federal tax charged on retail gasoline...
22 Jun 2022
Operations at the Russian oil refinery in Novoshakhtinsk were suspended after a fire broke with...
22 Jun 2022
Inventories of light end oil products, such as naphtha and gasoline sunk to a five-week low last week...
22 Jun 2022
The International Energy Agency has warned that Europe must prepare for a complete halt of...
21 Jun 2022
A record number of Americans will hit the road during the upcoming Independence Day weekend...
21 Jun 2022
Crude oil futures Tuesday were higher on the day as oil markets continued to claw back losses from last week's sell-off...
21 Jun 2022
European gasoline refiner margins rebounded to a one-week high by the close on Tuesday on the...
21 Jun 2022
The Netherlands has joined Germany and Austria in boosting coal power generation in a bid to preserve gas supplies...
21 Jun 2022
The blending rate of biofuels into road fuels in Sweden moved to record highs in April even as the government put...
21 Jun 2022
Crude oil output in Kazakhstan has slumped 20% so far in June versus the May average to an at-least 2-year low amid...
21 Jun 2022
Diesel demand could be displaced by increased biodiesel use in Asia after the cost of feedstock palm oil fell more than...
21 Jun 2022
Vitol CEO Russell Hardy said that global consumption of gasoline and jet fuel were still below 2019 levels and that the market could expect to see high prices for...
21 Jun 2022
Taiwanese crude oil imports hit a five-month low in April despite the government stepping away from...
21 Jun 2022
A UK subsidy of Swiss trading house Glencore pleaded guilty in a UK court on Tuesday to seven counts...
21 Jun 2022
Middle East and Asian crude prices rebounded Tuesday, underpinned by firm products markets...
21 Jun 2022
Exxon Mobil Corp. said global oil markets could remain tight for another three to five years due to the lack of investment...
21 Jun 2022
Inpex, Japan's largest oil and gas producer, has delivered a carbon-neutral liquefied natural gas (LNG) cargo to Toho Gas...
21 Jun 2022
Benchmark diesel prices in Asia hit the highest level on record on Tuesday, a day after the US government...
21 Jun 2022
The premium of gasoline cargoes over Brent crude traded out of Singapore surged to a record high...
21 Jun 2022
The global production capacity of sustainable aviation fuel (SAF) will need to rise six-fold by the end...
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