Latest News

16 Sep 2021
The global oil market will remain tight until the end of 2021 as the planned increases by...
16 Sep 2021
Saudi Arabia's crude oil production increased 547,000 barrels per day (bpd) on the month, or 6.1%, to a fresh pandemic high...
16 Sep 2021
Middle East crude oil markets rallied sharply Thursday playing catch-up with Brent...
16 Sep 2021
Iraq has signed an initial agreement with Swedish SEAB and Turkish Lemak to build a...
16 Sep 2021
Energy major Royal Dutch Shell will build an 820,000 mt per year renewable diesel and sustainable aviation fuel facility in Rotterdam...
16 Sep 2021
Indian demand for jet fuel and gasoline ticked higher during the first 15 days of September...
16 Sep 2021
The shipment of Hezbollah-organised Iranian diesel fuel arrived in fuel-crippled Lebanon...
16 Sep 2021
Crude oil exports have restarted at the eastern ports of Es Sider and Ras Lanuf in Libya on...
16 Sep 2021
Fuel oil stocks in the world's biggest bunkering port of Singapore fell 12% on the week last week...
16 Sep 2021
US crude oil production in the Gulf of Mexico continues to recover as a number of platform and support facilities were restarted this week
15 Sep 2021
Oil futures briefly breached the $76/b mark Wednesday, a two-month high, after US stock drawdowns were reported by the EIA...
15 Sep 2021
Propane's premium over naphtha in Europe surged to fresh highs Wednesday to extend a trend amid low stocks in the US...
15 Sep 2021
The Colonial Pipeline resumed gasoline and distillate transport by Wednesday morning local time...
15 Sep 2021
Russia lowered its crude export duty to $62.80/mt from $64.60/mt effective October 1, after average Urals oil prices were...
15 Sep 2021
South Korea's crude oil imports rebounded in August as flows from the largest suppliers Saudi Arabia and the United States recovered...
15 Sep 2021
Crude oil futures in European trading hours Wednesday surged higher on a broad-based energy rally underpinned by...
15 Sep 2021
Commercial crude stocks in the US fell for the sixth consecutive week to a two-year low of 417 million barrels last week...
15 Sep 2021
Benchmark TTF European natural gas prices surged to fresh record highs as the supply crunch boosted October futures to almost €80 per Megawatt hour...
15 Sep 2021
China crude oil throughput in August hit to its lowest level since May 2020, as Beijing was...
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