Latest News
2 Dec 2024
Gasoil margins in Asia continued to retreat at the turn of the month due to counter-seasonal flows of cargoes within the East of Suez market...
2 Dec 2024
Spain's road transport fuel consumption steadied over the month in October but remained sharply higher over the year, while jet demand...
2 Dec 2024
The Indian government announced Monday it has scrapped its windfall tax on crude and oil products effectively immediately...
2 Dec 2024
Provisional data Monday pointed to a sharp jump in Indian oil demand last month, on track for record highs across transportation fuels...
2 Dec 2024
Middle East crude opened the new month marginally lower as traders wait for the outcome of the OPEC+ meeting, while gasoil margins...
2 Dec 2024
The Pluto LNG facility in northern Australia was restarted over the weekend after nearly a week of downtime...
2 Dec 2024
North American drilling activity registered a small decline for a third consecutive week but the overall count remains relatively static so far...
2 Dec 2024
Efforts to forge the first global treaty on plastic pollution collapsed in Busan over the weekend, as oil-producing nations blocked attempts...
2 Dec 2024
Taiwan's Formosa Petrochemical is set to lower run rates at Mailiao refinery in the first quarter of next year due to planned maintenance work, a company...
2 Dec 2024
Speculative net length on European diesel futures continued to grow during the week ending 26 November as the continent heads into peak...
29 Nov 2024
Crude oil futures in Friday were slightly lower and heading for weekly losses amid mixed pricing signals...
29 Nov 2024
US crude output slipped to 13.204 million bpd in September from 13.361 million bpd in August...
29 Nov 2024
Benchmark crude oil futures remained locked in a tight trading window Friday as markets braced ahead of the delayed OPEC+ meeting, while...
29 Nov 2024
European air travel continued to decline last week, registering another sharp weekly drop as it moved further into its seasonal lull...
29 Nov 2024
Spain's Repsol has agreed to sell two oil and gas assets in Colombia to Geopark, the two companies announced Friday...
29 Nov 2024
Diesel cracks on both sides of the Suez came under pressure this week despite supply tightness in Europe, as limited cargo flows from the...
29 Nov 2024
Naphtha was under pressure this week as returning supply weighed on both cracks and timespreads...
29 Nov 2024
The average price for Middle East benchmark Dubai crude tumbled to the lowest level in more than three years in November...
29 Nov 2024
Preliminary figures from the Association of Asia Pacific Airlines (AAPA) released Thursday reveal sustained growth in the region's air travel sector...
29 Nov 2024
Bullishness took hold of the HSFO market this week in Europe and Asia and drove margins to fresh highs as Chinese demand remained...