Latest News
26 Apr 2022
Brent rallied more than $4/b by cash market close, as product cracks led the market higher...
26 Apr 2022
EU member states are looking at whether to impose a ceiling on what they would pay for Russian oil as a way to hit Kremlin revenues...
26 Apr 2022
Global commodities giant Trafigura Group will stop all purchases of crude oil from Russia's state oil company Rosneft by May 15...
26 Apr 2022
On Tuesday three of the biggest funders of fossil fuel developments in the world will face shareholder action demanding...
26 Apr 2022
Russia has stopped deliveries of natural gas to neighbouring Poland under the Yamal contract....
26 Apr 2022
The relative price of naphtha – the main petrochemical feedstock – to crude has fallen to the lowest level since July as...
26 Apr 2022
US refiner Valero Energy posted Q1 results on Tuesday, highlighting the impact that surging...
26 Apr 2022
Gasoline cracks in Asia jumped on Tuesday to surpass previous highs hit in 2015 as the market shrugged off...
26 Apr 2022
Middle East crude slipped lower Tuesday to leave Dubai at a fresh two-week low, while naphtha paper spreads...
26 Apr 2022
Kuwait Integrated Petroleum Industries Co (KIPIC) said its the Al-Zour refinery will start operations in the next few weeks...
26 Apr 2022
The German government has launched funding for a new digital passport tracking batteries used in electric vehicles (EV) which...
26 Apr 2022
Record strategic stocks releases and continued Russian crude oil flows have driven down Brent...
26 Apr 2022
A floating liquified natural gas (LNG) terminal in Germany's northernmost state of...
26 Apr 2022
Japan's largest crude oil refiner, Eneos, has restarted two more refineries in the past two days...
26 Apr 2022
Japan plans to spend 6.2 trillion yen ($48.2 billion) on additional gasoline subsidies, low-interest loans and cash assistance to...
26 Apr 2022
The Biden administration late Monday reversed a Trump administration plan that would have allowed the...
25 Apr 2022
Crude oil futures Monday continued to retreat as fears over a global economic slowdown and upcoming US...
25 Apr 2022
European middle distillates markets fell $9/b by the London close on Monday, outpacing the...
25 Apr 2022
Iran called on Monday for a new meeting "as soon as possible" in the talks that have been held in Vienna aimed at restoring the frayed 2015 nuclear deal...
25 Apr 2022
Energy major BP has had to pay a premium to secure a cargo of jet fuel to ensure...