Latest News
5 Jan 2022
German power producer Uniper has increased its credit lines by €10 billion ($11.3 billion) at the...
5 Jan 2022
Crude processing and products output in Brazil in November eased back from the prior month's post-pandemic highs, with naphtha and...
5 Jan 2022
Carbon border adjustment schemes such as the one proposed by the European Union are likely to have a small measurable impact on emissions and suffer from multiple constraints...
5 Jan 2022
ExxonMobil's 584,000 bpd Baytown refinery is running at reduced rates for a second week after an explosion...
5 Jan 2022
Distillate stocks in Fujairah fell by almost a quarter this week to their lowest since September 2019 while...
5 Jan 2022
ADNOC announced Wednesday the award of a $946 million contract for the strategic long-term development of its Umm Shaif field.
4 Jan 2022
The spread between jet fuel in Asia and Europe has ballooned wider after refineries scaled...
4 Jan 2022
Selling interest returned to the spot T2 ethanol market Tuesday in the first session of the new year...
4 Jan 2022
Brent extended an early year rally despite OPEC+ agreeing to maintain its production cuts amid an increasingly tight product market...
4 Jan 2022
Freight rates for barges carrying oil products in ARA and along the Rhine have fallen sharply at the start of the year...
4 Jan 2022
Crude oil futures Tuesday rallied strongly after OPEC+ agreed to a further 400,000 bpd output hike in February, although prices were higher throughout the day...
4 Jan 2022
Fires burned through an estimated 29.2 million hectares of forests and savannah in December, the third highest monthly total in 2021...
4 Jan 2022
The average price of Urals crude continued to fall through December, dropping another 8.7% to $72.71/b...
4 Jan 2022
The OPEC+ oil producer group has agreed to a 400,000 bpd increase for February, after the group's technical committee cut its estimates...
4 Jan 2022
Airlines continued to add more seats for sale this week around the world...
4 Jan 2022
The Omicron variant of Covid and winter storms across vast swathes of North America have disrupted travel in recent days, but American mobility remains robust...
4 Jan 2022
The price of Dutch TTF natural gas continued its recent volatile trading pattern, spiking almost 20% on Tuesday...
4 Jan 2022
China has sharply reduced export quotas for refined products for the initial part of 2022...
4 Jan 2022
Refining margins for marine fuel oil 0.5% sulfur slumped 14% on Tuesday to their lowest levels since November...
4 Jan 2022
Asia crude oil strengthened Tuesday ahead of the OPEC+ meeting, while refined products mostly saw cracks...