Latest News

Dubai crude registered another upwards move Tuesday to register near three-month highs, while jet fuel...

UAE's oil-rich emirate of Abu Dhabi is forecast to pump on average 3.1 million bpd in 2022, according S&P Global Ratings, as OPEC+ members continue...

The EU's decision to phase out most of its Russian crude oil imports will tighten the...

European gasoline cracks hit fresh record highs at the end of May amid buoyant demand...

Underlying volumes in the North Sea benchmark Dated Brent will increase sharply July following the completion of maintenance at...

European Union leaders agreed to a compromise deal late Monday to ban up to 90% of Russian oil...

Crude oil prices were trading higher Monday, extending the previous week's strong gains as EU talks to implement a ban on Russian oil...

European gasoline and diesel crack rose higher, and backwardation steepened, by...

Dutch energy company GasTerra said on Monday it had refused to pay for Russian gas in rubles, after which Gazprom said deliveries...

Russia should cut its crude oil output by almost a third to push global prices higher and offset the effects of...

Hungarian Prime Minister Viktor Orban warned Monday as he arrived at a summit of EU leaders that the...

Diesel inventories in Brazil are enough to cover 38 days of imports said the Ministry of Mines & Energy after an open...

Members of the core OPEC producer group may soon need to change their policy to defend...

Cash differentials in the Asian marine fuel 0.5% sulfur market continued to rally to fresh highs Monday, jumping...

A Greek-flagged oil tanker seized in the Middle East Gulf on Friday has been moved to an anchorage...

Speculators boosted their exposure to Brent crude oil in the week to May 24, although US crude and products...

Dubai crude started the week on a firm footing Monday hitting fresh two-month highs although losing ground to...

Weekly scheduled airline seats for this week broke through the 91 million level for the first time...

Australian heavy sweet crude oil cemented its position as the most valuable in the world Monday with premiums...

Gasoline stocks held in independent storage in the trading hub of Amsterdam-Rotterdam-Antwerp...