Latest News

10 Sep 2021
OPEC will likely revise down its 2022 oil demand growth forecast on Monday as the spread of the Delta coronavirus variant puts the speed of a recovery...
10 Sep 2021
Crude oil loadings have restarted at the ports of Ras Lanuf and Es Sider in eastern Libya on Friday...
10 Sep 2021
Middle East crude oil nudged up to register a fresh weekly high Friday, while refined products finished the week...
10 Sep 2021
Increased output of transport fuels drove an overall 7% monthly rise in Malaysia refined products output in July, which was the highest since February 2020...
10 Sep 2021
Middle East crude oil benchmarks eased slightly in the week ending September 10, as losses from earlier in the week were quickly eroded...
10 Sep 2021
The Titan oil platform operated by Norwegian oil major Equinor in the Gulf of Mexico remains...
10 Sep 2021
The US Department of Energy (DOE) loaned a further 1.5 million barrels of crude oil from its Strategic Petroleum Reserve...
10 Sep 2021
Shell said it has started the process of redeploying staff to its Mars platform in the Gulf of Mexico...
9 Sep 2021
After a volatile day of wild swings, Brent was almost unchanged day-on-day by the European close, after the market decided the US weekly oil statistics...
9 Sep 2021
Russian monthly crude oil exports slipped almost a fifth in July, with provisional customs data also showing a drop-off in...
9 Sep 2021
The first force majeures directly resulting from Hurricane Ida were declared by energy companies Thursday as the US energy...
9 Sep 2021
Brent was almost back to $73/b before the release of the weekly oil statistics, recovering from an earlier slump of more than $1.70/b...
9 Sep 2021
US energy major Chevron has joined a fast-growing list of oil producers looking to supply sustainable aviation...
9 Sep 2021
Oil futures spent most of the day in positive territory Thursday but tumbled sharply in afternoon trading after China's state...
9 Sep 2021
Protest at Libya's easternmost port of Hariga have halted crude oil loadings there on Thursday, after...
9 Sep 2021
China will release some of its crude oil reserves for the first time to ease price inflation faced by...
9 Sep 2021
Spreads in European and Asia crude oil futures were widening Thursday as flat prices rallied....
9 Sep 2021
Middle East crude oil rallied to weekly highs Thursday as the aftermath of Hurricane Ida impacts Asia...
9 Sep 2021
Spain saw a huge upswing in toll road miles travelled last week, while France also moved into positive territory...
9 Sep 2021
Diesel consumption in the world's third biggest consumer of crude oil fell 9% in August...
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