Latest News

6 Jul 2021
Middle East crude prices surged higher Tuesday, while refined products generally lagged the crude rally
6 Jul 2021
Saudi Arabia sharply increased OSPs for Asian customers on August barrels, reflecting tight supply/demand fundamentals...
6 Jul 2021
US investment bank Goldman Sachs has reiterated its $80/barrel price forecast for this summer following the breakup of OPEC+ talks...
6 Jul 2021
The Biden administration is urging OPEC and its allies to find a compromise solution to increase production...
5 Jul 2021
European gasoline prices driven higher by Independence Day...
5 Jul 2021
Backwardation in gasoline widens amid a rally in prices in cracks amid further gains in Brent...
5 Jul 2021
Crude oil futures soared in late Monday afternoon London trading soared as July OPEC+ meeting was dramatically called off...
5 Jul 2021
The EU Commission has drafted its proposals for an EU wide minimum rate for taxing jet fuel, which will clash with the UK's policy...
5 Jul 2021
The July OPEC+ meeting was dramatically called off Monday as talks to pave the way for a resolution on production increases...
5 Jul 2021
Natural gas demand is expected to grow strongly in the medium term after the record fall in 2020 but impact on the global target for zero net emissions...
5 Jul 2021
US oil and frac spread count inches higher depsite the rise in crude prices...
5 Jul 2021
The Rhine, Europe's most important river for transporting energy products and commodities, could reach near flood status by 12-13 July ...
5 Jul 2021
Fourth quarter cracks for jet prices in Europe rally as summer demand for flying lifts levels up to 40% below 2019 levels...
5 Jul 2021
Romania's energy minister said there will be no disruption to fuel supplies in the country following...
5 Jul 2021
Vehicle traffic in the Frejus tunnel, used by around 80% of all trucks driving between France and Italy, climbed in June to its highest level since August 2020 ...
5 Jul 2021
Crude nudges higher ahead of OPEC + talks, gasoline surges to fresh highs..
5 Jul 2021
Bullish forecasts and rallies in Brent and WTI have failed to spark interest from funds...
5 Jul 2021
Spot Asian gasoline cracks for 92 RON hit their highest level in multiple months on Monday...
5 Jul 2021
French energy giant TotalEnergies will stop using palm oil at its biorefineries from 2023, said CEO Patrick Pouyanné Monday, switching out the feedstock for more expensive alternatives ...
5 Jul 2021
The company that developed the Keystone XL pipeline to carry crude oil from the tar sands in Alberta...
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