Latest News

24 Sep 2021
China has sold 4.43 million barrels of crude oil through its state first state reserves auction to state-owned PetroChina and privately-owned Hengli...
23 Sep 2021
Brent surged pass $77/b Thursday amid a tightening global energy market, pushing up European prices...
23 Sep 2021
Crude oil futures continued to build on the prior day's 2% gains Thursday when US crude inventories were reported falling again and the Fed gave advanced notice...
23 Sep 2021
The East-West fuel oil arb has continued to grow this month, incentivising residuals barrels to flow away from Europe...
23 Sep 2021
Finnish biofuels producer and refiner Neste has forecasted global demand for sustainable aviation fuel (SAF) at 12 million mt by 2030...
23 Sep 2021
Total Brazilian oil production fell 1.7% in August as onshore output fell to its lowest in two...
23 Sep 2021
US vehicle miles travelled rose sharply in July, but stayed short of their record July 2019 level, data from the Federal Highway Administration of the US Department of Transportation showed...
23 Sep 2021
Commodities trading house Trafigura reiterated the potential for oil prices to hit $100/bl late next year, having initially flagged the possibility in...
23 Sep 2021
Dubai's Department of Petroleum Affairs has set the official selling price (OSP) for Dubai crude loading in December at a discount of $0.20 per barrel to the average...
23 Sep 2021
Middle East crude oil prices rallied for the third consecutive day reaching the highest levels since mid-July...
23 Sep 2021
Jet swaps in northwest Europe have pushed higher this week, supported by news that the US will ease coronavirus travel restrictions this winter and concerns over low kerosene stocks...
23 Sep 2021
Miles travelled on toll roads in Europe owned by global operator Atlantia were on the wane last week, while the Americas rebounded, led by Brazil...
23 Sep 2021
Total global product stocks in Asia's key storage hubs of Fujairah and Singapore fell to the lowest...
23 Sep 2021
Norwegian oil production in August beat its target and hit its highest level since last December...
23 Sep 2021
Light end stocks in Singapore fell almost 1 million barrels over the week while middle distillates and residual fuel levels...
23 Sep 2021
Japan's crude oil stocks were drawn down to a 7-month low and again hitting the second-lowest level in data going back to...
23 Sep 2021
India processed almost 595,000 mt of crude per day in August, the lowest level since October last year...
23 Sep 2021
Searches for flights on Kayak.com, one of the world's biggest search engines for air tickets, are...
23 Sep 2021
Canadian oil sands producer Syncrude Canada has informed customers of a force majeure after technical problems cut supplies from processing facilities...
23 Sep 2021
OPEC and its allies are working to keep oil price around $70/b as exports for September are likely to come in at around 3.4...
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