Latest News

7 Oct 2021
China is expected to continue with its policy of cutting gasoline, gasoil and jet fuel exports and eliminate them...
7 Oct 2021
Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...
7 Oct 2021
Global distillate margins collapsed about $2/b on Thursday after Russia's president promised to increase...
7 Oct 2021
Panic buying from Britain's distressed motorists led to a surge in combined gasoline and diesel sales of 28% in the week ending 26 September, during the drivers shortage crisis...
7 Oct 2021
Toll miles travelled across operator Atlantia's European and Americas networks dipped last week but remained close to...
7 Oct 2021
Residual fuel reserves in Singapore posted a 2-million-barrel gain over the week as restocking ahead of the northern...
7 Oct 2021
Energy company BP said Thursday it has bought a US tech company whose aim is to turn...
7 Oct 2021
Goldman says any release of SPR crude would only have a modest impact on oil prices, while an outright ban on US oil exports would significantly...
7 Oct 2021
The US will retain its position as a significant player in the LNG markets, said Jeff Martin, chairman and CEO of Sempra, who remains as bullish...
7 Oct 2021
Iraq has signed a contract with United Arab Emirates renewable-energy company, Masdar, to build five solar power plants...
7 Oct 2021
US energy secretary Jennifer Granholm has raised the prospect of a release of crude oil from the government's SPR, declaring that "all tools are on the table"...
6 Oct 2021
Brent tumbled after Putin promised to boost natural gas supplies from Russia, overshadowing reactions from the weekly US oil statistics...
6 Oct 2021
Traffic in the Mont Blanc tunnel, which links France and Italy, fell seasonally in September, but the shortfall with pre-pandemic levels narrowed to less than 10%
6 Oct 2021
Although crude and gasoline stocks built for the second and third weeks in a row, and distillate stocks slid only marginally, the impact was muted...
6 Oct 2021
Crude oil futures in European trading hours Wednesday reversed earlier gains on a broader market sell-off that included equities, although oil prices remain closes...
6 Oct 2021
World energy demand will rise by almost 50% between 2020 and 2050 and emissions will increase from current levels...
6 Oct 2021
UK natural gas prices surged as much as 38% on Wednesday as the extreme volatility that has gripped international gas markets for...
6 Oct 2021
US commercial crude stocks gained 2.35 million barrels last week to 420.89 million barrels, while gasoline inventories grew...
6 Oct 2021
Governments must impose regulations and targets on car makers to speed up the electric car revolution...
6 Oct 2021
Energy major Shell's LNG portfolio will be active well into the second half of the century, said CEO Ben van Beurden...
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