Latest News

4 Aug 2021
A 5.3 million barrel draw in gasoline stocks to an 8-month low pushed US total commercial crude and product inventories to a 15-month bottom ...
4 Aug 2021
The Japanese shipping company is betting on LNG as the bunker fuel of future...
4 Aug 2021
US oil refiner and midstream operator Marathon Petroleum is predicting improved products demand to continue in the third quarter ...
4 Aug 2021
India's state refiners will grow oil refining capacity 20% by 2025 said a government minister Wednesday, a move that would add crude processing of ...
4 Aug 2021
Asian refining margins for jet fuel fell to a five-month low for the fourth quarter of 2021, as fears...
4 Aug 2021
Middle East crude prices softened for the third day running, while refined products
4 Aug 2021
Japan's products demand and crude throughput both increased to multi-month highs last week, but the country is facing a surge in Delta ...
4 Aug 2021
Airlines losses spiralled after the grounding of fleets to stop the spread of Covid, as IATA lays out its statistical review of 2020...
4 Aug 2021
Saudi Aramco has increased all Official Selling Prices (OSPs) for September-loading crude oil Asia, while cutting OSPs to Europe..
4 Aug 2021
Fuel oil stocks in the Middle Eastern hub of Fujairah sunk to more than a three-month low last week...
4 Aug 2021
Indonesia has set its benchmark price for coal  at the highest level in more than a decade, according to...
4 Aug 2021
The armed men who boarded the Asphalt Princess have left the vessel, reports the UK Royal Navy..
4 Aug 2021
A fire that that broke out Tuesday at the Haldia Petrochemicals Ltd (HPL) plant near Kolkata, India, has been extinguished
3 Aug 2021
Large draw in US gasoline stocks last week, but crude and distillates falls were slight...
3 Aug 2021
Fuel oil prices and cracks fell more than Brent for the second day in a row...
3 Aug 2021
Australian mobility has fallen sharply in the last two weeks as major eastern states declared states of emergencies ...
3 Aug 2021
Energy manufacturing, logistics company and oil refiner Phillips 66 reported surging profits from its chemicals business Tuesday, turning the company around ...
3 Aug 2021
With many of the so called DUCS, drilled but uncompleted, wells in the US more than two year old, the actual numbers of DUCS shows shale oil cannot make comeback this year...
3 Aug 2021
The United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday it was aware of a non-piracy "incident" underway off the coast of Fujairah...
3 Aug 2021
Saudi Aramco, the world's top crude exporter, is expected to release its closely monitored Official Selling Prices for September this week and is likely to increase differentials for Asia...
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