Latest News
24 Mar 2022
The Brent/Dubai EFS has rebounded strongly over the past week, as the North Sea marker raced ahead of its Middle East counterpart...
24 Mar 2022
Middle East crude markets posted further gains Thursday to take the weekly increase to 9%, while...
24 Mar 2022
Demand destruction for natural gas in the EU will still be required even if the economic bloc...
24 Mar 2022
The European Commission has set out its support for member states to cut biofuel targets to help ease pressure...
24 Mar 2022
The UK government is planning to increase the production of North Sea oil and gas to counter rapidly increasing energy prices and provide...
24 Mar 2022
Residual fuel stocks in Singapore were down 4% over the week, while light end stocks grew....
24 Mar 2022
Japan has lowered its road fuel subsidy for the first time since the start of the year, cutting its rebate to...
23 Mar 2022
Ethanol prices crashed 6% in Europe Wednesday as a selloff drove values to the lowest level since the...
23 Mar 2022
Diesel barges surged another $70/mt ($9.40/b) on Wednesday, with April futures pegged...
23 Mar 2022
Crude oil futures Wednesday were sharply higher on fears of tightening Russian supplies, although doubts remained over the European Union's willingness to impose..
23 Mar 2022
With inflation already hitting three-decade highs, soaring retail fuel prices are threatening to...
23 Mar 2022
Another bullish set of US oil stock and demand figures came from the Energy Information Administration (EIA)...
23 Mar 2022
One of Russia's leading spot crude oil exporters, Surgutneftegaz, has all but given up on trying to sell barrels...
23 Mar 2022
Spanish air traffic is expected to surpass pre-Covid levels this summer amid a surge in...
23 Mar 2022
US oil producer Occidental has agreed to sell 1 million barrels of net zero crude oil to South Korean refiner SK Energy...
23 Mar 2022
Dutch lender ING will no longer provide financing for new oil and gas fields while it pledged...
23 Mar 2022
Road congestion across nearly 100 cities in China has started to slow over the past week as the...
23 Mar 2022
Japan's two biggest refiners said separately this week that they had suspended purchases of Russian...
23 Mar 2022
Brazil has removed import taxes on fuel ethanol, as part of a move to lower gasoline costs and overall price inflation...
23 Mar 2022
Refining margins for naphtha sunk to the lowest level in more than a year on Wednesday...