Latest News
11 Aug 2021
Iraq's State Oil Marketing Organization has left its Official Selling Prices for its flagship Basrah Light grade unchanged for Asia customers in September, while slightly reducing...
11 Aug 2021
Total oil and products stocks fell 136,000 barrels, or just 0.01%, in the week to August 6, to 1.889 billion barrels, as commercial crude stocks drew ...
11 Aug 2021
The Lebanese Central Bank said it can no longer open credit lines for fuel imports or subsidize fuel...
11 Aug 2021
Bunker fuel sales at the hub of Fujairah jumped to the highest level of the year in July, underpinned by firm demand for 0.5%-sulfur bunker fuel...
11 Aug 2021
A new Norwegian airline plans to fill the trans-Atlantic gap left by Norwegain Air...
11 Aug 2021
Middle East crude prices pushed higher Wednesday following the rise in western benchmarks...
11 Aug 2021
The US will call on the OPEC+ group to add more barrels to its planned 400,000 barrel per day monthly increase, after talks with ...
11 Aug 2021
Dubai International Airport – the world's busiest airport for international travel – handled some...
11 Aug 2021
Thailand's products demand continued to improve in June ahead of the start of lockdowns in July, with gasoline, jet, LPG and gasoil ...
11 Aug 2021
The UK government has been too slow to act on Covid testing, and Heathrow is losing out to Europe, said the operator ...
11 Aug 2021
Total Chinese car sales fell for a third consecutive month in July due to the global shortage of...
11 Aug 2021
Fuel oil stocks in the UAE bunkering hub of Fujairah rose marginally last week, according...
11 Aug 2021
Goldman Sachs said Chinese oil demand will slump by around 1 million bpd for the next two months as a result of the zero Covid policy...
11 Aug 2021
US crude and gasoline stocks fell, while distillate stocks built last week...
11 Aug 2021
Kazakhstan exported 39.3 million mt of crude oil and condensate between January and July 2021, the country's energy...
11 Aug 2021
Exxon Mobil has begun marketing its US shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed unwanted assets and reduce debt...
11 Aug 2021
A low-pressure weather system heading towards the Caribbean has been upgraded to tropical storm Fred by the US National Hurricane Centre...
10 Aug 2021
The forecast for global oil demand growth in 2021 and 2022 was kept unchanged in the latest...
10 Aug 2021
The losses on Monday were reversed, although jet cracks and differentials softened ...
10 Aug 2021
Iraq plans to increase its oil production to 8 million barrels per day by the end of the year 2027 announced Oil Minister Ihsan Abdul-Jabbar Tuesday...