Latest News

US crude imports from Canada hit an all-time record high in June, according to US Census Bureau data released Friday, with ...

The number of Americans working remotely has fallen to its lowest level since the start of the pandemic, estimates from ...

Spains crude imports dipped 6% in June from May's seven-month high, with flows from all exporting regions ...

Middle East crude posted gains for the first time this week, rallying nearly $2/b, while refined products ...

Fuel oil prices fell over the week as crude weakened on global demand fears, but it was the Hi-5 spread narrowing that ...

Middle distillate flat prices fell on the week alongside weaker crude, but jet fell by more than...

Gasoline and naphtha flat prices fell sharply on the week alongside weaker crude, although...

Stocks of gasoline in ARA hit another year low this week, while spot cracks for gasolie surged to a year high....

Middle East crude oil benchmarks Dubai and Oman, both medium sour crudes, were more than 3.5% lower in week ending August 6, as prices retreated sharply on fears...

Oil demand is set to grow throughout the decade and possibly beyond, despite the energy transition, according to a report published by Energy Intelligence...

CME and ICE, the world's two leading exchange groups, reported sharp increases this week in benchmark WTI and Brent crude oil futures during July ...

Shareholders of The New Zealand Refining Company have overwhelming voted to convert the country's only refinery to a storage terminal ...

Brent crude futures received a late boost from positive US economic data Thursday, prompt gasoline was stronger again, while jet dipped from Q4 onwards ...

Strong petrochemical demand has coincided with a surge in summer gasoline demand to boost naphtha cracks and exports ...

Crude oil futures were boosted in late afternoon European trading by positive US macro data but were still far away from clawing back the week's sharp losses ...

Deliveries of refined products in Spain by supplier and distributor Exolum were up 8.6% on the month in July ...

The Dubai crude forward curve has narrowed sharply this week on fears of a Covid-initiated fall in demand, particularly from China, including a $0.90/b drop...

Glencore sees oil profits return to normal, coal improve, and metal and mineral profits surge...

UBS advises investors to go long Brent as vaccinations roll out amid tight oil fundemantals...

Middle East crude continued the downtrend Thursday, while refined products...