Latest News
28 Jun 2021
US natural gas futures surge to the highest levels since November 2018 on soaring summer temperatures across much of the US, including record highs...
28 Jun 2021
The demand for oil products in Argentina, Latin America's third most populous country, rose in May to near pre-pandemic levels, despite a strong rise in cases linked to the Covid-19 gamma...
28 Jun 2021
Pakistan has secured a $4.5 billion worth of three-year trade financing facility from Jeddah-based Islamic Trade Finance Corporation (ITFC) to cover import cost of crude, petroleum products and liquefied natural gas...
28 Jun 2021
Iran said it has yet to decide whether to extend a monitoring deal with the UN nuclear watchdog which lapsed last week...
28 Jun 2021
Dearth of diesel trade in ARA depressing freight rates in the trading hub....
28 Jun 2021
A low-pressure weather system currently making its way across the Atlantic has been given a 40% chance of intensifying into a storm within the next five days...
28 Jun 2021
Swiss-based trading house Glencore has acquired 100% of the Colombia-based Cerrejón coal mine by buying out...
28 Jun 2021
Mexico's crude oil exports gained 11.7% on the month to 1.031 million barrels per day (bpd) in May, driven largely by a rise in exports to Asia ...
28 Jun 2021
Abu Dhabi National Oil Co has informed its term customers of supply cuts for its Murban, Das Blend and Upper Zakum crude oil grades for September-loading cargoes by around...
28 Jun 2021
Reliance Industries Ltd said it has successfully restarted the downed secondary unit at its export Jamnagar refinery in Gujarat following an outage earlier in the month...
28 Jun 2021
Funds cut speculative net-lenght in Low Sulfur Gasoil futures, Brent and WTI, despite rally in futures...
28 Jun 2021
Asia refining margins hit a fresh 10-week low during early trade on Monday as crude rose and southeast...
28 Jun 2021
Middle East crude tracked higher Friday hitting a fresh 26-month highs, while refined products…
28 Jun 2021
Sumer holiday bookings boosted the flight count in Europe, and on course to end year around 25% below levels in 2019...
28 Jun 2021
The number of US oil rigs in operation last week flatlined despite oil prices rising 8% so far this...
28 Jun 2021
A low-pressure weather system currently making its way across the Atlantic has been given a 30% chance of intensifying into a storm within the next five days...
28 Jun 2021
The Intercontinental Exchange is to launch a new physical-delivery futures contract based on US Gulf export crude, teaming up with terminal operators Magellan and Enterprise...
26 Jun 2021
Brent futures surge, the North sea sees high bids for physcial cargoes, but distillates cracks are edging lower...
25 Jun 2021
Crude oil futures were poised to finish at their highest level since October 2018 on Friday, as follow through buying, lower global stocks and an uncertain outcome from OPEC+ underpinned the sentiment...
25 Jun 2021
A huge draw in gasoline stocks in the US triggered by falling refinery runs and imports...