Latest News
3 Dec 2021
Oil prices are likely to continue to rebound following the OPEC+ decision to stick with its current policy, although short-term...
3 Dec 2021
Marine fuel oil cracks surged by more than $3/b on Friday compared to the week...
3 Dec 2021
Shell has pulled out of developing the controversial Cambo oil field in the North Atlantic, citing economic reasons for its...
3 Dec 2021
Asia crude oil markets rebounded Friday from the three-month lows as prices rallied following the OPEC+ meeting, while...
3 Dec 2021
A strike by 300 workers across six oil and gas platforms located in the North Sea and...
3 Dec 2021
Refiners Phillips 66 and OMV announced new deals to supply national airlines with sustainable aviation fuel starting in 2022...
3 Dec 2021
Middle East crude oil prices tumbled sharply over the week ending 3 December on demand crunch fears, although...
3 Dec 2021
Analysts at Goldman Sachs and Morgan Stanley have maintained their bullish view on oil prices, despite a $15/b fall over the...
3 Dec 2021
Japan's is set to continue with plans to release oil from strategic reserves as part of the US-led initiative, despite the fall in oil prices...
2 Dec 2021
Brent was still lower by the late afternoon marker than Wednesday, but the crude future was rebounding...
2 Dec 2021
Saudi Aramco ventured into the European Platts market-on-close (MOC) this week to sell a cargo of jet fuel as part of a wider trend...
2 Dec 2021
Brent quickly recovered Thursday afternoon in Europe after the decision by OPEC+ decision to lift output...
2 Dec 2021
US airline United has flown the world's first commercial flight using 100% sustainable...
2 Dec 2021
Fears of demand destruction after news of the Omicron variant of Covid broke has sowed panic in oil markets, leading to...
2 Dec 2021
Shell, the energy major, and CMA CGM, the container transportation and shipping company, partially bunkered a containership in Rotterdam with biomethane for the first time...
2 Dec 2021
The OPEC+ producer group agreed Thursday to continue with the current policy of increasing output by 400,000 barrels per day, sending oil prices...
2 Dec 2021
Fresh lockdowns to combat a fast-spreading omicron variant of Covid would cause an immediate hit of 1.3 million bpd to global oil demand in December...
2 Dec 2021
Intercontinental Exchange has announced further details of its revamped US WTI crude export contract, which is set to...
2 Dec 2021
UK gasoline and diesel sales rose to a two-month high at the end of November as mobility seasonally picks up in the run-up to...
2 Dec 2021
Heavy rains in Germany will lift Rhine water levels over the weekend, triggering a surge in barge traffic along the waterway next week...