Latest News

13 Jan 2022
The benchmark Dubai crude forward curve has recovered strongly since the start of January and the multi-month lows registered in December...
13 Jan 2022
Valero Energy has started to shut the large diesel-producing hydrocracker at its 335,000 barrel-per-day (bpd) Port Arthur refinery in Texas...
13 Jan 2022
Shipping giant AP Moller-Maersk, known as Maersk, has brought forward its net-zero carbon target by ten years to 2040...
13 Jan 2022
Austrian oil and gas group OMV will write down by €1.7 billion ($1.95 billion) the value of assets related to ADNOC Refining, its...
13 Jan 2022
Daily sales of bunker fuel from Singapore fell 4% on the month in December, according to data from...
13 Jan 2022
Japan's jet fuel stocks dropped 9% last week as the country pushed distillate output towards kerosene after stocks of the...
13 Jan 2022
Retail sales of diesel in Great Britain, the biggest oil product in the country, remained very low last week...
13 Jan 2022
Premiums for Russian light sweet Sokol crude have rallied strongly following the surge in Asian distillate cracks
13 Jan 2022
Norwegian oil and gas output is expected to rise by 9% over the next three years to reach...
13 Jan 2022
Benchmark Dubai rallied maintained the upwards momentum Thursday hitting fresh post-Omicron highs, while...
13 Jan 2022
The US Department of Energy (DOE) has awarded its fourth exchange of crude oil...
13 Jan 2022
The volume of carbon offsets traded through Xpansiv CBL Markets grew 288% in 2021 to reach a record 121.5 tonnes CO2e...
13 Jan 2022
Further pressure grew on middle distillate supply this week as stocks data from Singapore showed middle distillate...
13 Jan 2022
Iraq has completed the installation of new pumps at its southern oil terminals, paving the way for an increase in crude exports...
12 Jan 2022
It was the turn of waste used cooking oil-based UCOME biodiesel premiums to fall to a 4-month low Wednesday, with spot...
12 Jan 2022
Brent rallied to near $85/b by the late afternoon marker, the highest at this time of day since October when it reached year highs...
12 Jan 2022
Another huge gasoline build was overshadowed by the crude draw...
12 Jan 2022
Crude oil futures Wednesday rallied to the highest levels since November 25, building on the strong gains from the previous session as...
12 Jan 2022
The United States may reverse course on its 2022 ethanol mandate increase amid pressure from the oil refining industry...
12 Jan 2022
Global scheduled flights are expected to continue their rise in Q1 despite the number of...
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