Latest News

25 Oct 2021
Global road congestion has continued to rise in recent weeks and is now just 4% below 2019 levels...
25 Oct 2021
Refining margins for RON 92 gasoline have spiked to the highest level in years on the...
25 Oct 2021
China committed to boosting the share of non-fossil energy consumption to 80% by...
25 Oct 2021
Funds took differing views on Brent and WTI last week...
25 Oct 2021
Saudi Aramco, the world's largest oil company, has joined other energy majors and pledged to reduce carbon emissions from...
25 Oct 2021
Goldman Sachs says oil demand has already surpassed 99 million barrels per day and will shortly match pre-Covid consumption of...
22 Oct 2021
Brent almost recovered all the losses from Thursday as bulls eyed the tightening global oil complex...
22 Oct 2021
The oil rig count in the US dipped by 2 to 443 last week, putting an end to 6 successive weeks of gains, while gas rigs...
22 Oct 2021
The arbitrage for high sulfur fuel oil (HSFO) from Europe to Asia has slammed shut after the collapse of demand for...
22 Oct 2021
Prices for bioethanol hit fresh highs in Europe this week with ongoing supply shortages causing bids to spike higher...
22 Oct 2021
Crude oil futures in European trading hours Friday pushed higher as oil shrugged off the broad-based energy sell-off, led by...
22 Oct 2021
Middle East crude prices were lower Friday, while product cracks in Asia continued to firm at the top of the barrel while low...
22 Oct 2021
Refineries in 16 European countries curbed crude runs in September from a month earlier and produced less major oil products, with the exception of naphtha...
22 Oct 2021
Energy major Shell is planning to bring back its final two oil platforms which were closed...
22 Oct 2021
European gasoline cracks fell at the start of the week, but then climbed after the Energy Information...
22 Oct 2021
After peaking at year highs last Friday, distillate cracks fell in Europe this week as fears receded...
22 Oct 2021
It was a tale of two sulfurs this week, with some grades of HSFO falling to monthly month lows...
22 Oct 2021
China gave further strong hints this week that its policy on fossil fuels is unlikely to change in the near future, regardless of any pledges to clean up...
22 Oct 2021
Spain expects more flights over this winter than before the pandemic as tourists flock...
22 Oct 2021
New sales of hybrid electric vehicles (HEVs) in the European Union overtook sales of diesel...
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