Latest News
29 Apr 2022
The April monthly average price for benchmark Middle East Dubai crude retreated 7% versus the previous month...
29 Apr 2022
Fuel oil bunkering in the Port of Rotterdam during the first quarter reached a four-year...
29 Apr 2022
Dubai crude oil prices rallied strongly for the final trading session of the month Friday, while jet cracks...
28 Apr 2022
Crude oil futures Thursday moved into positive territory on reports that Germany will end its opposition to an EU embargo on Russian oil...
28 Apr 2022
Brent ended the cash market close at a four day high on Thursday as reports suggested...
28 Apr 2022
London-listed energy major BP has followed Shell to become the latest energy major to tighten...
28 Apr 2022
Spanish refiner Repsol said Thursday it expects fat margins to last through to the end of the year at least, with...
28 Apr 2022
Germany said it ready to stop buying Russian oil, clearing the way for a European Union ban on crude imports from Russia...
28 Apr 2022
UK distillate stocks hit their lowest levels since 2008 even before the war in Ukraine broke out...
28 Apr 2022
Taiwan's crude imports and refinery run rates dipped slightly in February but remain ahead of Covid-era...
28 Apr 2022
The US Department of Energy has authorized additional exports of liquefied natural gas from the planned Golden Pass...
28 Apr 2022
Rocketing prices for jet fuel and the security of supply issues created by Russia's invasion of Ukraine are driving the...
28 Apr 2022
Auto manufacturing giant Volkswagen and energy major BP have tied up a new deal to "rapidly" roll out electric vehicle (EV)...
28 Apr 2022
All of TotalEnergies' crude oil refineries in Europe will run flat out in the second quarter of this...
28 Apr 2022
Swedish energy company Uniper will work with Sasol to produce sustainable aviation fuel covering 10% of the country's jet fuel...
28 Apr 2022
Middle East crude prices were slightly higher Thursday, while diesel cracks continued to rally amid soaring demand...
28 Apr 2022
Diesel and gasoline sales at sampled service stations across the UK hit a new 2022 low at the end...
28 Apr 2022
A 4-million-barrel residual fuel draw in the Asian bunkering hub of Singapore this week dragged fuel oil stocks...
28 Apr 2022
Sembcorp Marine (Sembmarine) and Keppel Offshore & Marine (O&M) are merging to form one of the world's largest offshore energy players...
28 Apr 2022
Energy major ExxonMobil has declared force majeure on its operations at the Sakhalin-1 project, with the firm no longer in a position to...