Latest News

27 Sep 2021
The OPEC+ group of oil-producing countries has helped the oil market recover in an orderly way but a big supply...
27 Sep 2021
A second Chinese province is facing extensive lockdowns after new Covid-19 cases were reported last week...
27 Sep 2021
Funds boosted bullish bets in Brent crude futures to a six-month high last week amid the energy crunch...
27 Sep 2021
Goldman Sachs expect Brent crude futures to reach $90/b by year end, an increase of $10/b from it's long-held $80/b...
27 Sep 2021
The Stanlow oil refinery in the northwest of the UK is in urgent talks with HM Revenue & Customs over unpaid tax as Britain struggles to against nationwide shortages...
24 Sep 2021
The US active oil rig count grew by 10 to 421 this week, helped by the addition of 7 in the other category...
24 Sep 2021
Brent ended the week rallying to a three year high amid a surge in energy prices in Europe...
24 Sep 2021
The North Sea Brent marker has been the star performer this week among major crude oil benchmarks, making strong gains against...
24 Sep 2021
China's state-owned oil and gas companies are set to splurge more than $120 billion on drilling and other oilfield services...
24 Sep 2021
Oil futures rallied strongly heading into the weekend as Brent hit a three-year high in late-afternoon European trading Friday, having registered...
24 Sep 2021
Kazakhstan's largest oil producer Chevron-managed Tengizchevroil will delay...
24 Sep 2021
Fuel oil pushed higher worldwide over the week, with outright prices and cracks posting fresh highs as stock drawdowns in...
24 Sep 2021
Middle East crude oil prices rallied for a fourth consecutive day following the soaring Brent complex...
24 Sep 2021
India's crude oil imports rebounded sharply in August after four consecutive months of falling volumes, while LPG and naphtha...
24 Sep 2021
Asian 92 RON cracks rose this week on thinning exports from China and India, but gains were capped...
24 Sep 2021
It was another week for ever-rising distillate cracks in Asia, with jet fuel cracks climbed for the sixth straight...
24 Sep 2021
Middle East crude oil benchmarks rallied by over 2% in the week ending September 24, buoyed by the sluggish return to full production in the Gulf of Mexico following...
24 Sep 2021
Personal mobility in the US and Europe fell to its lowest level since early June as travel...
24 Sep 2021
Jet stocks in ARA fell sharply this week, slumping below the 1 million mt mark in the...
24 Sep 2021
Chinese intercity travel has risen this week to its highest level since May as millions of people visited family for the mid-autumn festival...
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