Latest News

15 Nov 2024
QatarEnergy has awarded its monthly Al Shaheen tender for January 2025 at the lowest premiums in almost a year, further jeopardising...
15 Nov 2024
Imperial Oil and Suncor are both shutting down unspecified units for planned maintenance at their Sarnia refineries in Ontario, Canada...
15 Nov 2024
Australian road fuel demand climbed in September, with combined sales of automotive gasoline and diesel reaching 857,000 bpd...
15 Nov 2024
China's crude oil throughput fell to 14.02 million bpd in October, representing a 7% decline compared to the same month last year...
14 Nov 2024
The Panama Canal Authority could build an oil pipeline to facilitate shipments of the flagship US crude WTI...
14 Nov 2024
Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...
14 Nov 2024
Crude oil futures Thursday were little changed for a third session, as fears over sluggish demand growth and a soaring dollar...
14 Nov 2024
US gasoline stocks recorded a surprise, sharp draw last week as both domestic demand and exports jumped over the period...
14 Nov 2024
Nigeria's state-owned oil company has set ambitious targets to ramp up its crude oil production...
14 Nov 2024
Japanese refiners processed 2.37 million bpd of crude oil in September, down 6.1% from the same month last year, preliminary data shows...
14 Nov 2024
US commercial crude oil inventories posted a second weekly draw of more than 2 million barrels...
14 Nov 2024
US distillate stocks shrunk last week as surging demand met lower output, EIA figures showed Thursday....
14 Nov 2024
Singapore's bunker fuel sales hit their highest levels since the start of the year in October as demand for marine fuel and high sulfur...
14 Nov 2024
Products held in the ARA region reached a five-month high this week as blenders pulled more gasoline into the region to meet higher export demand...
14 Nov 2024
The US government's Energy Information Administration (EIA) latest Short-Term Energy Outlook report has forecasted a steady...
14 Nov 2024
Poland's Orlen reported a near wipe-out in third quarter earnings Thursday, as it blamed bad investment decisions taken by prior....
14 Nov 2024
Spain's road fuel consumption fell to a three-month low in September, official data showed Thursday, as summer travel demand retreated...
14 Nov 2024
The CEO of Occidental Petroleum has welcomed Donald Trump's election victory but gave a measured outlook on further US...
14 Nov 2024
The IEA raised forecasts for global oil demand this year but lowered its outlook for 2025, as short-term strength in European gasoil demand...
14 Nov 2024
Austria's OMV has been awarded a €230 million settlement in a dispute with Gazprom over Russian natural gas imports...
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