Latest News

3 Dec 2024
Crude oil futures Tuesday were nudging higher, although benchmarks have largely entered into a holding pattern...
3 Dec 2024
A record number of passengers were recorded at US airports over the Thanksgiving Day weekend, according to the Transportation Security...
3 Dec 2024
Chinese demand for gasoline and diesel are estimated to drop an average of 3% next year as low-carbon alternatives are expected to displace...
3 Dec 2024
Iraq has been forced to halt operations at its Basra oil refinery with storage tanks full as marketers failed to lift any fuel oil...
3 Dec 2024
Crude oil output in the Canadian province of Alberta rebounded strongly in October, official data showed Tuesday...
3 Dec 2024
Any retalitory tariffs from China on US imports would have a serious damage on Chinese petrochemcial crackers that heavily reliant on cheap...
3 Dec 2024
Crude oil output from core OPEC members increased by 120,000 bpd in November after Libya returned to full capacity, offsetting a reduction...
3 Dec 2024
The Panama Canal Authority said Friday it would delay by four months, to April 2025, the debut of its green vessel monthly booking slot...
3 Dec 2024
Oil product exports from Taiwan sank in October against the backdrop of weaker crude runs as refining margins remained thin, government data...
3 Dec 2024
Speculative net short interest on US diesel futures jumped to an eight-week high last week amid a less-than-expected stock draw as demand...
2 Dec 2024
The Panama Canal Authority will shut down for 48 hours the East Lane of Gatun Locks starting December 12 for repairs...
2 Dec 2024
Tanzania awarded tenders to supply what appears to be its largest monthly intake of refined products in history...
2 Dec 2024
Benchmark crude oil futures were in retreat Monday as bearish sentiment emerged towards the close, while accelerating industrial activity in...
2 Dec 2024
The operator of the Druzhba pipeline that transports crude from Poland to a refinery in Germany has said supplies remain...
2 Dec 2024
Ultra-low sulphur diesel (ULSD) loadings at Russia's Black Sea port of Tuapse are seen sharply higher this month...
2 Dec 2024
Texas produced a record-high volume of crude in September, the US Energy Information Administration reported...
2 Dec 2024
Crude oil futures were higher as tensions in the Middle East were reignited, while China reported improved factory data...
2 Dec 2024
TotalEnergies reported another malfunction at its 240,000 bpd Gonfreville refinery over the weekend...
2 Dec 2024
Russia has lifted its gasoline export ban for domestic producers, but extended for another month to other exporters and distributors...
2 Dec 2024
The Norwegian Offshore Directorate (NOD) announced Monday that it had made a groundbreaking discovery in the southern sector...
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