Latest News

22 Sep 2021
US crude stocks fell a hefty 6.1 million barrels last week amid the continuing loss of Gulf of Mexico production...
21 Sep 2021
The spread between propane and naphtha cargoes in Europe hit a year high Tuesday amid a combination of high natural gas prices...
21 Sep 2021
Vietnam's diesel imports fell 55% month-on-month in August to just 212,393 mt as fresh Covid lockdowns combined with a...
21 Sep 2021
The paper spread between propane cargoes and naphtha cargoes in north-west Europe has hit a year high of $80.25/mt in December...
21 Sep 2021
Crude oil futures nudged higher during trade on Tuesday, but failed to claw back all of Monday's...
21 Sep 2021
European natural gas prices eased back Tuesday from the previous session's steep gains, even as the International Energy Agency warned...
21 Sep 2021
Asian diesel cracks hit multi-month highs in trade on Tuesday as Chinese exports...
21 Sep 2021
Vitol Bunkers will extend its services to the European bunker hub of Amsterdam-Rotterdam-Antwerp...
21 Sep 2021
Middle East crude oil largely recovered the previous day's losses Tuesday, gaining around 1% Monday...
21 Sep 2021
The OPEC+ producer group is likely to continue with planned production increases until at least the end of the year...
21 Sep 2021
Russia will produce and export more oil in 2022 than previously expected, while gas production...
21 Sep 2021
Libya's National Oil Company officially inaugurated a London-based service company on...
21 Sep 2021
An expected surge in the electrification of road transport will lead to a 50% cut in global refining capacity by 2050, causing a shortage of jet fuel, fuel oil and petrochemicals...
21 Sep 2021
Refining New Zealand has reported negative refining margins for July and August, reiterating plans to convert the nation's only refinery...
21 Sep 2021
US offshore production in the Gulf of Mexico increased over the weekend with over 80% of oil production now restored...
21 Sep 2021
Shell will sell its oil and gas portfolio in the US' Permian Basin to CononcoPhillips for $9.5 billion, marking the end of the Anglo...
20 Sep 2021
Brent prices slipped lower Monday amid a broad market sell off, but there were heavier losses in gasoline...
20 Sep 2021
Canadian crude oil exports via pipeline rose nearly 2% in July to the highest level since January...
20 Sep 2021
Germany's crude oil imports hit a post-pandemic high in July, as the northern hemisphere summer...
20 Sep 2021
Chinese passenger flight capacity fell nearly 4% in the week to 19 September, as renewed lockdowns in Fujian province...
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