Latest News
2 Mar 2022
Demand for refined products in Spain lost ground versus pre-pandemic levels in January, with deliveries of diesel, jet fuel...
2 Mar 2022
US oil stocks dropped again last week to exacerbate the tightness of the global oil market...
2 Mar 2022
Dutch TTF natural gas futures – the European benchmark – soared as much as 55% at...
2 Mar 2022
US crude oil stocks fell in the final week of February amid a rise in exports and increased...
2 Mar 2022
Spanish energy major Repsol has signed a deal with shipbuilder Navantia to develop new solutions to decarbonise...
2 Mar 2022
Finnish biofuel producer and refiner Neste will invest $1 billion in a 50/50 joint venture with US refiner Marathon Petroleum...
2 Mar 2022
ExxonMobil has become the latest energy company to sever its ties in Russian oil and gas projects...
2 Mar 2022
Dubai physical crude prices Wednesday registered further huge gains, storming to eight-year highs...
2 Mar 2022
The OPEC+ oil producer group has agreed to hike output by a further 400,000 bpd in April, again in line with market expectations, despite calls for...
2 Mar 2022
The one-off 60-million-barrel release of crude from strategic reserves announced Tuesday is dwarfed by the potential magnitude...
2 Mar 2022
Japanese crude oil refiners boosted their kerosene output by 50% on the week...
2 Mar 2022
A key indicator of future imports of diesel into Europe has hit a record low, according to...
2 Mar 2022
Inventories of fuel oil in the Middle Eastern bunkering port of Fujairah rose 6.5% last week...
2 Mar 2022
Russian Urals crude oil differentials in Northwest Europe slumped to fresh record lows Monday, as the threat of further sanctions and credit issues...
2 Mar 2022
Indian refiners are seeking alternatives to Russian crude oil amid concerns that direct sanctions could cut off supplies, while financial, shipping and...
1 Mar 2022
European ethanol and biodiesel prices jumped as wheat gained 3% to a 14-year high...
1 Mar 2022
fears over a distillate shortage in Europe after the Russian diesel export program from Primorsk in March...
1 Mar 2022
Crude oil futures Tuesday rallied to fresh seven-year highs with sanctions against Russia increasingly seen impacting oil markets...
1 Mar 2022
OPEC+ heads into its monthly virtual gathering with a 400,000 bpd increase in April largely baked in before ministers even sit down...
1 Mar 2022
Members of the International Energy Agency have agreed to release 60 million barrels...