Latest News

27 Aug 2021
The Fujairah Oil Terminal (FOT) is investing around $45 million in upgrading its infrastructure and...
27 Aug 2021
Quantum Commodity Intelligence – Refining margins for some grades of fuel oil flipped positive on Friday...
27 Aug 2021
Asian countries have seen jet imports fall below 2020 levels in the first half of this year, with a demand recovery lagging far...
27 Aug 2021
Middle East crude posted gains for a seventh consecutive session to close at a three-week high, while refined products...
27 Aug 2021
Middle distillate cracks versus nearby Brent crude futures rose hit a three-month high this week...
27 Aug 2021
It was a bearish week for gasoline with the cracks falling for the third consecutive week and hovering...
27 Aug 2021
Middle East crude oil benchmarks surged over 8% on the week ending August 27, more than compensating for the steep losses...
27 Aug 2021
Brazil's crude oil and refined products output made healthy gains in July to reach 10% above pre-pandemic 2019 levels...
27 Aug 2021
Reinsurer Swiss Re has agreed to pay "several hundred dollars per tonne of carbon dioxide" to reduce its carbon footprint...
27 Aug 2021
Libya's Arabian Gulf Oil Co (AGOCO) will be forced to cease its production as it has become unable...
26 Aug 2021
Oil futures were choppy Thursday to reflect a lack of direction following a sharp recovery...
26 Aug 2021
A storm currently brewing in the Caribbean has the potential to develop into the first major storm of the season that threatens oil and gas infrastructure in the...
26 Aug 2021
Gasoline stocks in ARA edged higher last week but remained near year lows...
26 Aug 2021
reek oil company Hellenic Petroleum saw record-high results for its petrochemical business, as well as record exports in its fuel marketing segment boost Q2 earnings...
26 Aug 2021
Crude oil futures Thursday eased lower on a combination of profit taking, Mexico stepping up production and ongoing...
26 Aug 2021
Japan's Mitsubishi Shipbuilding has partnered with French energy company TotalEnergies to...
26 Aug 2021
UK-owned petroleum stocks in the second quarter this year fell to the lowest level recorded in data going back to 1995...
26 Aug 2021
Tankers carrying sanctioned Iranian and Venezuelan crude oil have created a parallel tanker...
26 Aug 2021
Middle East crude closed around $0.50/b higher, while refined products
26 Aug 2021
Brent, Dubai crude spreads widen, following the steep gains in outright prices this week....
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