Latest News

Middle East crude opened the week slightly lower although premiums nudged up, while marine fuel structure has weakened notably as...

TotalEnergies has contained an oil spill at its Donges refinery in northern France, after leaking up to 15,000 litres of contaminants...

The US Treasury Department is scrutinising the relationship between JPMorgan and a hedge fund reportedly part of a network operated...

The Chinese government has reportedly granted a new batch of crude oil import quotas to an independent refiner for prompt cargo arrivals...

North American drilling activity registered a modest decrease for a second consecutive week but the overall count continues to flatline...

Money managers made a U-turn in their speculative positions on European diesel futures last week amid a looming supply tightness as cold...

Kazakhstan has lowered its 2024 oil production forecast to 88.4 million mt, or 1.77 million bpd, down from an earlier projection of over...

Crude oil prices were higher Friday, solidifying gains after a bumpy week that saw geopolitical tensions in the Russia-Ukraine war...

Gunvor has temporarily closed its 75,000 bpd Rotterdam refinery due to a lack of commercially viable feedstock...

The US state of Louisiana is experiencing a drilling slowdown, with active rig counts the lowest since late 2021...

Middle East benchmark Dubai crude ended the week sharply higher as elevated geopolitical tensions helped overturn...

Benchmark crude oil futures were sharply higher Friday as escalating tensions on the Russian border with Ukraine left investors fearing...

Refined product output in EU-16 countries retreated from last month's highs in October as refiners cut runs to their lowest levels since May...

Gasoline ticked higher in both Asia and Europe this week as weakness in naphtha improved blending economics...

India's state-run refineries processed 527,340 bpd in October, down 2.6% from September as weaker margins have moved operators to throttle...

Marine fuel and high sulfur fuel oil prices recovered from last week's lows although a rally in crude oil prices was enough to cap a rise in...

East of Suez crude markets were higher Friday's as geopolitical tensions boosted prices, while gasoil cracks continued to firm...

Swedish battery maker Northvolt has filed for Chapter 11 bankruptcy protection in the US, dealing a blow to Europe's efforts to...

Italian refiner Saras is to shut its Geneva office as it winds down trading activities after selling a major stake to Vitol...

It was another bullish week for diesel on both sides of the Suez as cold snaps sweeping across many parts of Europe and Northeast Asia drove...