Latest News

27 Jul 2021
US crude stocks fell 4.7 million barrels last week, but the market will be eyeing the huge drop in gasoline stocks, as well as a more modest drop in distillates...
27 Jul 2021
Gasoline rallied for the second day in a row, matching gains in RBOB gasoline, while naphtha backwardation widened further ...
27 Jul 2021
Crude oil futures eased towards the day's lows in late London trade Tuesday, as nagging concerns over the Delta Covid-19 variant weighed on...
27 Jul 2021
The global economny remains on track to grow 6% this year, and growth prospects have been revised higher for next year, but a fault line is emerging that could undermine the recovery...
27 Jul 2021
A former UK-based oil trader at energy trading house Glencore pleaded guilty in a...
27 Jul 2021
The UK's largest air hub and 2019's seventh busiest airport in the world, London Heathrow, will see 2021 passenger numbers finish below the 2020 total ...
27 Jul 2021
Mobility in the US during July was down by 9% from 2019 and cinema-goers and baseball fans are still avoiding potentially packed venues ...
27 Jul 2021
The number of seats available to fly passengers globally fell slightly in the week ending July 25 with downturns seen in ...
27 Jul 2021
Middle East crude oil prices gained around 2% Tuesday, although they lagged the Brent market, while refined product cracks were mostly weaker...
27 Jul 2021
South Korean refiner S-Oil expects regional refining margins in the third quarter of the year to rebound as demand for fuels ...
27 Jul 2021
Finnish refiner Neste's high margin renewable product sales overcome the impact of the Porvoo refinery maintenance in the second quarter...
27 Jul 2021
Indonesia was the biggest negative for mobility data last week, with most major consuming countries seeing continued growth ...
27 Jul 2021
Iraq's State Oil Marketing Organization did not award the two cargoes of Basra Medium crude offered via the S&P Global Platts MOC platform Tuesday...
27 Jul 2021
Two India state refiners plan to operate at 100% of capacity from September or October, according...
27 Jul 2021
Super powerful ice breakers will make the Arctic Northern Sea Route navigable all year as part of the vast Vostok oil and gas project...
27 Jul 2021
Crude throughput in India in June rose marginally on May's figure as the country started to...
27 Jul 2021
A proposed pipeline deal between the UAE and Israel has been frozen by Israel's Environmental Protection Ministry, pending further review...
27 Jul 2021
Hengli Petrochemical Co, one of China's top independent refiners, may have avoided paying around $2 billion in taxes by mislabeling fuel sales...
27 Jul 2021
Norway's Slagen oil refinery has processed its last barrel of crude oil and the plant will fully convert into an oil-products' import and storage terminal...
26 Jul 2021
Brent recovered from softness in Asia to recover to around Friday's levels by the close Monday, naphtha tight...
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