Latest News

7 Feb 2022
Funds ramped up bullish bets in European distillate futures last week, but there was a mixed bag of investment...
7 Feb 2022
Asian crude prices tracked up to fresh seven-year highs Monday, catching up with Friday's Brent gains...
7 Feb 2022
Japan is considering tripling the cap of its gasoline subsidy scheme as it is set...
7 Feb 2022
The world will need the return of Iranian oil, along with Venezuelan crude, albeit to a lesser extent, to...
7 Feb 2022
ADNOC has increased Official Selling Prices (OSPs) for March-loading crude, with its flagship Murban crude set at $85.11/b, up $10.75/b from
6 Feb 2022
Saudi Aramco has hiked its Official Selling Prices (OSPs) for March-loading crude oil for Asia, broadly in line with market expectations...
4 Feb 2022
Biodiesel premium nosedived Friday as oil prices surged to 7-year highs and nearby LSGO futures made more...
4 Feb 2022
Distillate prices, cracks and backwardation hit fresh multi-year highs Friday...
4 Feb 2022
Libya's Waha Oil company has cut its crude oil production rate by 100,000 bpd...
4 Feb 2022
Backwardation in nearby low sulfur gasoil futures hit fresh extremes Friday amid a cocktail of bullish factors...
4 Feb 2022
Marine fuel cracks extended to fresh highs this week as tight supply in Europe added to enduring concerns...
4 Feb 2022
Malaysian lawmakers have pushed for the cancellation of a controversial carbon trading deal worth an...
4 Feb 2022
Russia's state-owned energy major has signed an agreement to supply 100 million mt of crude oil and products...
4 Feb 2022
Saudi Aramco will revisit plans to list more shares and could raise up to $50 billion selling a 2.5% stake in the company...
4 Feb 2022
The winter storm tracking across the US bringing freezing rain and heavy snow with it has underpinned energy prices...
4 Feb 2022
Crude oil futures Friday surged to fresh seven-year highs as Brent and WTI simultaneously topped $90/b for the first time..
4 Feb 2022
Low sulfur gasoil futures hit their highest level since 2014 this week, with the front month...
4 Feb 2022
Water injection problems at Iraq's mega southern oil fields operated by international oil companies could hamper the country's ability to pump more crude...
4 Feb 2022
Fuel demand in Pakistan dipped in December but closed the year up by double digits from pre-pandemic levels, amid...
4 Feb 2022
Global gasoline markets rallied during the first week of February amid a sharp rebound...
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