Latest News
30 Sep 2021
The consumption of motor fuels gasoline and diesel rose above pre-pandemic levels in the UK in July as mobility surged in line with easier...
30 Sep 2021
Oil stocks in Singapore slipped 9% over the week to their lowest in over two years as big drawdowns in residual fuels and light...
30 Sep 2021
Refining margins for 10ppm diesel in FOB Singapore have surged to their highest level in more than a year...
30 Sep 2021
Fuel retail and downstream trading arm Puma Energy was consolidated into Swiss...
30 Sep 2021
Japan's oil products demand increased seasonally in August, but the bounce was much smaller than usual as record Covid-19 infections linked to the Delta variant reduced mobility...
30 Sep 2021
Toll miles travelled data on global operator Atlantia's network saw mixed results last week across Europe and the Americas, but...
30 Sep 2021
Iraq has converted nearly half of its export capacity at its southern terminal on the Arab Gulf coast to load its Basrah Medium crude...
30 Sep 2021
The OPEC+ producer alliance is likely to face increased calls to accelerate production hikes ahead of its latest virtual meeting on October 4 as benchmark Brent prices...
29 Sep 2021
Brent recovered from an overnight tumble, boosted by a bullish US weekly oil inventory report that sent spot gasoline prices soaring higher...
29 Sep 2021
Road fuel sales in Argentina suffered mixed fortunes in August, with diesel demand dropping 6% on the month but gasoline...
29 Sep 2021
Chinese bourse the Shanghai Petroleum and Natural Gas Exchange on Wednesday...
29 Sep 2021
Builds in US crude and oil product stocks would usually be bearish, but this week's oil statistics from the EIA were released amid the middle of a natural gas induced global energy crunch...
29 Sep 2021
Crude oil futures were trading marginally lower in late-afternoon London hours, having rebounded firmly from the earlier lows...
29 Sep 2021
US crude oil stocks grew for the first time in 10-weeks last week, with commercial inventories up 4.6 million barrels to 419 million...
29 Sep 2021
The OPEC+ Joint Technical Committee (JTC), meeting ahead of the ministerial gathering next Monday, sees oil markets in a 1.1 million bpd deficit for this year...
29 Sep 2021
Iraq and Turkey are planning to reinstate the 600-mile-long pipeline which used to transport...
29 Sep 2021
Japan's crude oil stocks fell to at least a 17-year low last week after a 7%, or 4.22 million barrel stock draw, while kerosene...
29 Sep 2021
Natural gas production at Brazil's offshore Manati field was preventatively halted on...
29 Sep 2021
Global air freight traffic continued to trend higher in August to help offset the ailing passenger market...
29 Sep 2021
The US has approached China via diplomatic channels in an attempt to persuade the world's largest oil importer to reduce its purchases of Iranian