Latest News

China has become the world's largest LNG importer, overtaking Japan to claim the top spot across a consecutive 12-month...

Saudi Arabia's 'Vision 30' plans to diversify the economy away from oil by 2030 will include a new national airline...

Maersk to be able to run container vessels with methanol by 2023....

Storm Elsa is heading towards Florida, keeping well away from both offshore/onshore oil and gas facilities in the US Gulf coast...

The OPEC+ producer group meeting ended Thursday without agreement, but is scheduled to resume Friday...

Crude prices rally, while gasoline prices once again led the products  complex...

Brent surged amid the OPEC+ talks, and oil products in Europe gained across the board, but there was a mixed bag of moves...

Crude oil futures surge on reports of OPEC+ consensus for modest output hikes...

Global hydrocracking capacity set for rapid rise up to 2025...

Middle, distillate, jet and fuel oil stocks fall in ARA, but gasoline stocks rise...

Russian oil product exports to drop in July from Tuapse in the Black Sea amid a heavy refinery maintenance season ...

ICE reports record high volumes of California Carbon Offset trade in June amid surging demand for carbon products in the US...

Brazil's crude oil production dipped in May to 2.932 million barrels per day (bpd), a drop of 1.4% from April ...

Pakistan sees gasoline demand recovering but diesel consumption still below pre-pandemic levels, while jet fuel demand struggles ...

Refining margins for gasoline the fourth quarter of the year have risen to their highest level...

Shell is planning to sell its stake in Aera Energy, as it continues to shrink its fossil fuel portfolio ...

Indian demand for road transport fuels rose sharply in June compared to May as the country unwound...

OPEC+ to discuss oil markets for the balance of year and how much additional oil is needed from August onwards...

Stocks of jet fuel and diesel in the storage hub of Singapore reached a seven-week high...

A low-pressure weather system currently making its way across the Atlantic is almost certain to named as tropical storm Elsa...