Latest News

11 Nov 2021
As global climate talks draw to a close in Glasgow, Scotland over the next few days, one of the thorniest issues remains...
11 Nov 2021
OPEC has trimmed its oil demand forecast for the fourth quarter of 2021 along with overall 2021 demand growth, citing higher prices...
11 Nov 2021
European natural gas prices were moving higher again Thursday as Belarusian President Alexander Lukashenko threatened to...
11 Nov 2021
The Port of Rotterdam have given the green light to Global Energy Storage (GES) to...
11 Nov 2021
Weekly road fuel sales in the UK rose for the third straight week at the start of November...
11 Nov 2021
China has issued export quotas for another 2.6 million mt of low sulfur fuel oil and refined products this week, partially offsetting...
11 Nov 2021
Kuwait has become the latest NOC to lift its December crude export official selling price (OSP) for Asian refiners, reflecting continued strength in...
11 Nov 2021
Middle East crude oil prices retreated sharply Thursday, largely wiping out the gains from the last two sessions...
11 Nov 2021
Freight rates for barges carrying oil products along the Rhine have jumped this week after water levels on the river fell again...
11 Nov 2021
Oil product stocks in Singapore fell to their lowest level in 27 months last week, dropping 4% to 40.74 million barrels as...
11 Nov 2021
Iraq's State Oil Marketing Organization has sharply increased Official Selling Prices for Asia and Europe in December while trimming...
11 Nov 2021
Increases in energy prices continued to drive Japan's industrial cost indices higher through October, with prices increasing...
11 Nov 2021
The oil market has enough spare capacity to contain a price spike exacerbated by a colder winter, the chief executive of Mercuria...
10 Nov 2021
The European complex eased Wednesday after Brent prices dropped following news of a small build in US commercial crude stocks, while backwardation...
10 Nov 2021
After an initial shaky start, voluntary carbon offset prices rose to fresh records on Wednesday...
10 Nov 2021
US refiners upped production for the third week in a row as Gulf Coast plants recovered from maintenance...
10 Nov 2021
Crude oil futures Wednesday were trading weaker on the day and down from earlier peaks as European gas prices continued to retreat, while WTI tumbled...
10 Nov 2021
Stocks of the main refined product groups in the US were drawn down across the board in the last week, while a build in commercial...
10 Nov 2021
Swiss-based trading house Gunvor is expecting "huge volatility" as part of the longer-term...
10 Nov 2021
Pakistan's oil demand surged to a more than three-year high in September...
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