Latest News

15 Jul 2021
Stocks of light distillates in the storage hub of Singapore have climbed to their highest level...
15 Jul 2021
China's independent refineries are being forced to cut crude imports due to the shortage of crude quotas, leading to a rise in feedstocks that fall under the category of bitumen blend...
15 Jul 2021
Depth levels on the river Rhine will swell over the next three days, disrupting barge traffic...
15 Jul 2021
While US crude stocks whittled away again last week, oil products jumped higher to leave bulls waiting a little longer for the supply crunch...
14 Jul 2021
Distillates softened more than Brent as the market reacted to the US weekly inventory report...
14 Jul 2021
The UK is set to increase its 2022 biofuels target to 11.1% of all liquid road fuels by volume, up from a prior target of 9.6% ...
14 Jul 2021
Crude oil futures swung violently on news that the row between Saudi Arabia and UAE over production levels was dramatically resolved...
14 Jul 2021
US crude stocks fell for the eighth successive week last week, taking total inventories to the...
14 Jul 2021
Crude oil futures faced further volatility following news that a widely-reported Saudi/UAE agreement on production levels is still under discussion....
14 Jul 2021
Shell and BP South African Petroleum Refineries, responsible for 35% of South Africa's refinery capacity, has implemented a force majeure due to ongoing unrest
14 Jul 2021
The European Commission on Wednesday unveiled its climate plan as it seeks to reduce...
14 Jul 2021
Japan's crude stocks hit an 8-month high of 74.057 million barrels in the week ending July 10 after refiners cut throughput and available capacity ...
14 Jul 2021
UK to ban sale of new diesel and gasoline trucks from 2040, and commit aviation to net zero emissions by 2050, as it beat the EU to the punch in unveiling its decarbonisation plans...
14 Jul 2021
Vehicle miles travelled in the US rose counter-seasonally by 3% on the month to 259,740 miles in May ...
14 Jul 2021
Middle East crude prices strengthened for the fourth consecutive day Wednesday as Asian markets settled before the breaking news that...
14 Jul 2021
Germany's Commerzbank is expecting Brent crude oil to close the year at $75/barrel in its most likely scenario ...
14 Jul 2021
French vehicle traffic hit its highest level since the beginning of the pandemic in the first weeks of July ...
14 Jul 2021
Fuel oil stocks at the bunkering hub of Fujairah in the UAE rose marginally in the week ending 12 July...
14 Jul 2021
he Abu Dhabi National Oil Company (ADNOC) announced Wednesday further investment in its offshore sector support its production capacity expansion...
13 Jul 2021
API reports another crude draw last week, but half the amount of the previous week..
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