Latest News

Already low gasoline stocks in ARA are expected to draw down, and gasoil and diesel stocks...

Norway's oil production rose 1% in June to 1.674 million barrels per day (bpd), however, this was 3.6% below the forecasted amount and remains depressed ...

Japan's crude throughput leapt 7% higher to 2.23 million barrels per day (bpd) in the week ending July 17, leading to a near doubling of products exports ...

After this week's crash in crude prices, news breaks that China is looking to flood the global market with fresh sour crude barrels ...

Shell and BP South African Petroleum Refineries (Sapref), responsible for 35% of South Africa's refinery capacity, announced it will restart its Durban plant...

The API reports an unexpected rise in crude stocks in the US last week, a day after crude oil prices crash lower...

RBOB gasoline continued to soften in the US, driving prices lower in Europe again...

Canada's crude oil pipeline stocks dropped 2.4% in May to 96.32 million barrels, while products stocks gained…

Asian price assessments and commentary were suspended Tuesday due to a national holiday in Singapore.

China's exports of fuel oil jumped 10.5% on the month to just over 351,000 barrels per day in June, or 1.66 million mt ...

Crude oil futures rose 1% on Tuesday during choppy trade, clawing back some lost gains...

The UK's decarbonisation of transport plan falls short on assessing the impact on the whole of the oil barrel as it bans combustion engines

The EU's ambitious plan to tackle aviation emissions has failed to address carbon leakage...

The Emirates National Oil Company (Enoc) is considering restarting one of the two trains of its 120,000 bpd condensate splitter...

US investment bank Goldman Sachs said Tuesday it sees the impact of the Covid-19 Delta variant as limited, but has adjusted its firm price forecast following the sharp sell-off...

The Rhine remained closed between Speyer and Maxau in Germany Tuesday, but floodwater levels are continuing to subside ...

Fears that the current wave of Covid-19 infections could trigger demand destruction for oil is compounding changes to the structure of the market...

Indonesia, South Korea and South Africa were notable exceptions to broadly positive Google personal mobility data for the week ending July 16 ...

Brent slumped to a seven-week low to trade close to $69/b amid a risk-off day in global markets ...

Crude oil futures fell again as US markets opened following the surge in Covid infection rates in south-east Asia...