Latest News

21 Jun 2022
Norwegian oil production in May fell to its lowest level since the start of the pandemic amid ongoing...
21 Jun 2022
The US is in talks with allies to further restrict Russia's oil revenues by placing a cap the price it would get for its crude, US Treasury Secretary...
21 Jun 2022
The sanctions imposed by the EU and the US on Russia following its invasion of Ukraine have affected 75% of its banks...
20 Jun 2022
A coalition of environmental groups and the shipping industry has called on the EU to adopt a...
20 Jun 2022
Global weekly airline capacity is likely to break through the 100 million seats next week – a figure not seen...
20 Jun 2022
European diesel cracks jumped to their second-highest print on record of $65.9/b by the European...
20 Jun 2022
Crude oil futures Monday were trading up on the day following the previous week's sharp losses, which came after wider economic concerns outweighed...
20 Jun 2022
Ecuador's state-owned oil company Petroecuador declared force majeure following widespread protests...
20 Jun 2022
Saudi Arabian crude oil exports hit a fresh pandemic high in April as crude oil production rose while...
20 Jun 2022
Sales of ethanol blends in France reached a fresh all-time high in May as consumers showed no sign of dialling...
20 Jun 2022
Sinopec Shanghai Petrochemical Co will keep its 320,000-bpd refinery and cracker unit shut while...
20 Jun 2022
After a week of claiming Libyan oil production tumbled to record lows of 100,000 bpd, the nation's oil minister...
20 Jun 2022
ConocoPhillips was confirmed Monday as one of the Wester energy firms in taking a stake in a $29 billion project to boost Qatar's exports of LNG...
20 Jun 2022
Finnish shipping company ESL Shipping will become the world's first shipping company to start utilizing new low-emission Neste Marine 0.1 Co-processed marine fuel...
20 Jun 2022
Reports claiming that Norway state-owned producer Equinor is reviewing its commitment to drilling...
20 Jun 2022
The number of short positions held in Brent futures by money managers has fallen to the lowest...
20 Jun 2022
Australian airline Qantas has teamed up with aircraft manufacturer Airbus and engine maker Pratt & Whitney to...
20 Jun 2022
China imported a record amount of Russian crude oil in May as the world's largest importer sought...
20 Jun 2022
Middle East crude prices were sharply lower Monday, playing catch-up with the Brent retreat in...
20 Jun 2022
Japanese aromatics production tumbled to a record low in May as crackers shifted away from...
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