Latest News

rude oil futures traded lower Monday as the sharp cuts to October Official Selling Prices (OSPs) by Saudi Arabia over the weekend set the tone...

Middle East crude retreated Monday after Saudi Aramco applied sharp cuts to its latest OSPs, while fuel oil cracks continued...

Sales of new diesel cars in the UK plummeted to just 5,077 vehicles in August, down 64.5% from a year earlier

Chinese intercity travel ticked higher last week but remains down around 28% from the mid-July period, before any significant...

The International Chamber of Shipping (ICS) has called for a global levy on the maritime industry's carbon emissions rather than a piecemeal approach...

Flight numbers in Europe were little changed last week, inching higher, in the week following the European Union Council's decision to reimpose restrictions...

Turkey's crude imports hit a new 12-month high in July, but the year-to-date average remained below the last two years...

Funds cut bullish bets in WTI but added net-length in the rest of the main oil futures last week, the Commitment of Traders Report for ICE and Nymex showed...

French energy major TotalEnergies has signed a $27-billion contract to invest in oil, gas and solar production in Iraq...

An estimated 88.32% of US oil and 82.72% of US oil gas production from the Gulf of Mexico remains shut in after Hurricane Ida...

Saudi Aramco has sharply reduced the Official Selling Prices (OSPs) for October-loading crude oil for Asia, while leaving the US and Northwest Europe...

Gasoline lost mometum mid-week and then recovered Friday after the impact of Hurricane Ida left the US short of gasoline...

The number of operational oil and gas rigs in the US fell this week by the most in over a year in the aftermath of Hurricane...

Cracks for high sulfur fuel oil barges ARA softened Friday after backwardation narrowed earlier the week

Low Sulfur Gasoil futures continued to gain more than Brent this week, extending a rally in cracks since mid-August...

Brent slipped from one-month highs Friday as disappointing US jobs data unwound earlier gains, but Eurobob gasoline rallied...

Refining margins for 0.5% marine fuel in Asia improved over the week as stocks data showed available supply continuing to...

Stocks of gasoline held in independent tanks in the trading hub fell 23,000 mt over the week....

Louisiana-based electricity supplier and distributor Entergy said it is working with oil refineries to return power after the...

Crude oil futures slipped from one-month highs Friday as disappointing US jobs data unwound earlier gains posted during...