Latest News

1 Sep 2021
The huge 7.2 million barrel drop in US crude stocks last week was taken with a pinch of salt by the market in the aftermath of Hurricane Ida hitting the Gulf of Mexico...
1 Sep 2021
Crude oil futures came under pressure late afternoon in Europe on Wednesday following a build in US gasoline stock...
1 Sep 2021
The UK Government was accused in a Scottish Court on Wednesday on failing its duty...
1 Sep 2021
Demand for refined products in Brazil jumped 6% on the month to a near two-year high in July, with road fuels and jet fuel...
1 Sep 2021
The US government said Tuesday it will open up nearly 81 million acres of open waters in the Gulf of Mexico to auction off...
1 Sep 2021
Crude and refined products stocks in the US dropped for the sixth successive week and to a fresh multi-year low last week, but gasoline inventories rebounded...
1 Sep 2021
Indian consumption of gasoil and diesel fell almost 10% in August compared with a month earlier...
1 Sep 2021
Saudi Aramco, the world's biggest oil producer, has again raised its LPG export prices for September marking a fourth...
1 Sep 2021
Airlines withdrew passenger flights in August, causing global flight capacity to fall unexpectedly by 3.3% month-on-month...
1 Sep 2021
Middle East crude oil moved higher Wednesday as November became the new front-month contract, while refined products...
1 Sep 2021
Japan's crude oil throughput extended its six-month high last week, propelling utilisation rates...
1 Sep 2021
Iraq's crude exports in August totalled 94.66 million barrels in August, the equivalent of 3.053 million bpd...
1 Sep 2021
Total stocks in the Middle Eastern bunkering hub of Fujairah slid for a third successive week, with fuel oil stocks hitting their...
1 Sep 2021
Exports of ultra low sulfur diesel (ULSD) from the Russian port of Primorsk in the Baltic will stay at very low volumes...
1 Sep 2021
Gasoil demand in Argentina hit its highest level in over three years in July amid a lack of hydropower caused by a severe drought...
1 Sep 2021
An estimated 93.69% of US oil and 94.47% of the gas production from the Gulf of Mexico remains shut in after Hurricane Ida...
1 Sep 2021
Louisiana's refining industry continues to assess the damage left in the trail of the category 4 Hurricane Ida, as a number of plants remained idled....
31 Aug 2021
US crude stocks dropped more than 4 million barrels last week, but there was a build in gasoline...
31 Aug 2021
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments.
31 Aug 2021
Louisiana's Port Fourchon energy hub on the Gulf of Mexico coast has suffered damage and extensive flooding from Hurricane Ida...
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