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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...

Asian gasoline spot cracks rallied Thursday after the EIA announced a bigger-than-expected draw...

Pump sales of gasoline and diesel have struggled over the summer as prices hit high last seen in 2014 and 2013...

Truck mileage in Germany fell on the month in July, indicating a likely dip in diesel consumption, but remained close to pre-pandemic levels ...

Toll road usage data showed a stalling recovery in mobility last week across several countries in Europe and the Americas compared to 2019 levels ...

Singapore fuel oil stocks fell to more than a four-month low last week, according to data from...

China's crackdown on travel as it attempts to halt the spread of Covid-19 has already knocked out some 300,000 barrels per day of jet fuel consumption and 150,000 bpd ...

Nigeria's has approved the acquisition of a 20% minority stake by the Nigerian National Petroleum Corporation (NNPC) in the Dangote Petroleum Refinery

The world's largest oil company rounds off the energy reporting season next week when Saudi Aramco is expected to deliver a strong set of results ...

Brent under pressure amid fears of surging Covid cases and EIA data showing gasoline and crude stocks moving in opposite directions ...

Futures were headed lower again Wednesday, as concerns of demand destruction from resurgent Covid case rates combined with mixed US EIA ...

Strong gasoline statistics overwhelmed by Covid, crude and a poor jobs report ...