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21 Nov 2024
European sales of pure electric cars fell back again last month, ACEA data showed Thursday, losing market share...
21 Nov 2024
East of Suez crude markets were mostly flat over the previous 24 hours at Thursday's MOC as traders continued to monitor events...
21 Nov 2024
Nigeria's national oil company, NNPC, expects to double production of its Utapate crude grade to 80,000 bpd by the end of 2025, following...
21 Nov 2024
Japan's ethylene output rose 3% in October to 13,370 mt per day, the highest since March, data from the Japan Petrochemical Industry Association...
21 Nov 2024
Light distillate stocks in Singapore jumped during the week ending 20 November to the highest level in seven weeks, more than offsetting a big...
21 Nov 2024
Chinese refiners are snapping up vessels to front load gasoline cargoes out of the country before a newly announced tax policy kicks in next...
21 Nov 2024
Argentina's state-run oil company YPF is planning to raise $2 billion in financing by mid-2025 to fund the Vaca Muerta Sur pipeline, a key...
21 Nov 2024
The US state of California relies more heavily on foreign oil despite its efforts to curtail hydrocarbon production and consumption...
20 Nov 2024
Benchmark crude oil edged higher Wednesday as escalating conflict in the Russia renewed concerns over global oil supply security, while LSGO cracks...
20 Nov 2024
US distillate stocks were little moved last week as faltering demand met lower output, EIA figures showed Wednesday...
20 Nov 2024
Crude oil futures Wednesday were steady as the escalating geopolitical situation around Russia continued to dominate sentiment, underpinning...
20 Nov 2024
The International Energy Agency (IEA) has faced sharp criticism from US lawmakers over recent weeks, with Republicans officials expressing...
20 Nov 2024
US commercial crude oil inventories registered a slim weekly build of around 500,000 barrels during the latest reporting cycle...
20 Nov 2024
Norway's Equinor restored production at its Sverdrup oilfield to full capacity Tuesday after an onshore power outage forced operations to be...
20 Nov 2024
US gasoline stocks rebounded from two-year lows last week as demand fell almost 1 million bpd after the US election...
20 Nov 2024
Russia's Lukoil dismissed reports Wednesday that its Nizhny Novgorod refinery was offline for repairs...
20 Nov 2024
Crude loadings during the first half of November increased, driven by higher volumes from the Middle East...
20 Nov 2024
Rhone Energies has started shutting down units at its newly acquired Fos-sur-Mer refinery on the French Mediterranean coast...
20 Nov 2024
Gasoline cracks in Asia continued to rise this week and are now trading at their highest levels in three months, bolstered by refinery run cuts...
20 Nov 2024
Norwegian oil and gas production surged in October as suppliers braced for peak winter heating demand, preliminary figures showed...