Latest News

7 Apr 2022
Japan will release 15 million barrels of oil from its crude oil reserves as part of a coordinated...
7 Apr 2022
Cargoes of Sokol crude from Russia's Far East have sold out for May in a sign that buyers have...
7 Apr 2022
Energy major Shell increased its forecasted loss for walking away from its Russian oil business to as much as $5...
7 Apr 2022
US Secretary of State Antony Blinken said he is "not overly optimistic" on reaching an agreement with Iran to restore the 2015 nuclear deal...
6 Apr 2022
Crude oil futures retreated sharply Wednesday as the IEA said its other members would follow up the US with a further release of strategic...
6 Apr 2022
Brent futures fell to their lowest level in three weeks at the European cash market...
6 Apr 2022
The latest US oil inventory data from the Energy Information Administration Wednesday was slightly negative for crude markets...
6 Apr 2022
A draft set of guiding principles meant to underpin faith in the voluntary carbon market is set to call...
6 Apr 2022
Rising global inflation may not mean a slowdown in ticket sales as many travellers have been...
6 Apr 2022
Middle East crude prices retreated Wednesday, losing further ground against Brent, while distillat...
6 Apr 2022
Maritime certification company DNV has approved in principle a new system for transporting liquified CO2 by ship, as industries...
6 Apr 2022
Tuesday's slump in European diesel prices after the market discounted the risk of a Russian oil...
6 Apr 2022
China's state refiners are dramatically scaling back on fresh purchases of Russia oil but will continue to....
6 Apr 2022
US energy major Chevron has joined the Singapore-based Global Centre for Maritime Decarbonisation (GCMD), the second...
6 Apr 2022
The global spend on developing low carbon hydrogen will have to be at least $600 billion up to 2050 to meet...
6 Apr 2022
Argentina's majority-owned energy company YPF has ramped up its diesel output to its maximum level to meet booming...
6 Apr 2022
A 42% draw in light end stocks in Fujairah last week left total storage at its lowest since records began in 2017 and...
6 Apr 2022
Australia's export volumes of LNG are set for a new record of 82 million tonnes in the 2021-22 financial year
6 Apr 2022
Japanese stocks of kerosene – a household heating fuel – hit a five-year low at the start...
6 Apr 2022
US crude oil and distillates stocks rose in the week to 1 April, while gasoline stock gave back some, market...
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