Latest News
11 Nov 2024
Speculative net length in crude oil futures spiked higher last week following Donald Trump's election victory and a further delay in the OPEC+...
8 Nov 2024
Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...
8 Nov 2024
Benchmark crude oil futures slipped Friday with Hurricane Rafael set to avoid critical energy infrastructure upon landfall, while…
8 Nov 2024
European gasoline hit fresh lows this week as seasonal weakness persists, but at least helped reopen transatlantic arbs...
8 Nov 2024
The global crude oil market saw prices trading lower on Friday despite the Chinese government announcing a massive $1.4 trillion stimulus package...
8 Nov 2024
International Airlines Group (IAG) delivered a strong performance over the third quarter, financial results showed Friday, as robust summer...
8 Nov 2024
The acute tightness seen across the marine fuel and high sulfur fuel oil markets in recent weeks showed signs of easing last week as...
8 Nov 2024
Sales of passenger cars in China grew strongly in October against the backdrop of Beijing's stimulus to boost consumer spending as it aims to...
8 Nov 2024
Middle East benchmark Dubai crude ended marginally firmer over the week, after a solid start helped to offset...
8 Nov 2024
It was a volatile week for middle distillates as diesel cracks in both Europe and Asia posted multi-week highs early on, although...
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
8 Nov 2024
Emergency services were called to inspect reports of a leak of benzene gas at Cenovus Energy's Lima refinery on Thursday...
8 Nov 2024
An outage at Greek refiner Motor Oil's Corinth 200,000 bpd refinery has damaged one its crude distillation units and repair work will last...
8 Nov 2024
Malaysia's refined oil products output slipped to a five-month low through September amid likely run cuts as producers across the region...
8 Nov 2024
Operators in the Gulf of Mexico increased precautionary shutdowns as Hurricane Rafael moved in on Thursday, halting over a...
7 Nov 2024
Benchmark crude oil futures inched lower Thursday as sentiment softened following Trump's return to office, while gasoline cracks remained at year lows....
7 Nov 2024
Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...
7 Nov 2024
Oil prices are likely to fall next year and could drop as low as a $60/b average for Brent following Donald Trump's election win Wednesday...
7 Nov 2024
European jet fuel cracks hit three-month highs this week, dimming arbitrage opportunities in the East after spreads tightened to their narrowest...
7 Nov 2024
Gasoline held in the ARA region reached a five-month high this week as blenders pulled more volumes into the region to meet higher export...