Latest News

25 Feb 2022
Japan has upped the ceiling of its gasoline subsidy from JPY5 per litre to JPY25/litre ($0.22/litre) in a bid to...
25 Feb 2022
Iraq's giant West Qurna 2 oil field has shut down for  maintenance that is expected to last one month...
25 Feb 2022
Russian Urals crude oil differentials in Northwest Europe slumped to record lows this week as the threat of further sanction...
25 Feb 2022
Gasoil and diesel stocks held in independent storage in the trading hub of Amsterdam...
24 Feb 2022
Biodiesel and ethanol outright prices jumped to multi-month highs on Thursday...
24 Feb 2022
The trading of voluntary carbon offsets has become increasingly sophisticated and more competitive...
24 Feb 2022
Oil futures and product prices spiked after Russian tanks rolled into Ukraine, creating extreme backwardation...
24 Feb 2022
Ethanol production margins in Europe were hammered lower Thursday even as swaps surged close to 9%, with profits hit by...
24 Feb 2022
Crude oil futures, already trading at eight year highs, of $103/b could rise by a further $27/b...
24 Feb 2022
Some banks have stopped issuing letters of credit (LC) to cover the purchase of Russian oil, as financial lenders seek to clarify...
24 Feb 2022
Average diesel and gasoline fuel sales at filling stations across Great Britain slipped...
24 Feb 2022
Crude stocks built in the US last week and there was a ramp up in refinery production...
24 Feb 2022
Crude oil futures Thursday surged above $100/b for the first time since 2014 after President Putin said Russia had launched a "special military operation" in Ukraine...
24 Feb 2022
Voluntary carbon offsets have plunged to near six-month lows as traders pointed to large credit issuance volumes...
24 Feb 2022
US product stocks fell during the week to February 18 despite weaker total...
24 Feb 2022
US President Joe Biden said Thursday that his sanctions package against Russia for its invasion into...
24 Feb 2022
Shipping group Maersk has halted all its seaborn shipping to Ukraine until at least...
24 Feb 2022
European natural gas prices over 50% Thursday after Russia announced a "special military operation" against Ukraine...
24 Feb 2022
Russian crude oil export jumped to 4.76 million barrels per day (bpd) in January...
24 Feb 2022
UK Road Transport Fuel Certificate offers were surging higher Thursday as sellers ran to the sidelines and brokers advised...
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