Latest News

25 Jun 2021
Rhine water levels have surged once again due to high rainfall in parts of Germany and Switzerland and continued snowmelt in the Alps ...
25 Jun 2021
Stene Line demonstrates waste methonal gas from the steel industry can power a ship...
25 Jun 2021
Lacklustre jet demand will force European refineries to keep crude runs low even amid a generally buoyant oil complex...
25 Jun 2021
Middle East crude moved up Friday eased slightly but held close to 26-month highs, while gasoline cracks firmed for a seventh session but distillates continue to struggle...
25 Jun 2021
Middle East crude oil benchmarks Dubai and Oman, both medium sour crudes, surged by around 3.5% in the week ending June 25, as prices registered fresh two-year highs on firm demand outlook.
25 Jun 2021
While the OPEC+ producer group will congratulate itself on a job well done at its latest virtual gathering on July 1 with global crude prices comfortable in the $70s per barrel territory, spare a thought for tanker owners as VLCC freight rates languish...
25 Jun 2021
Australian oil and gas producer Santos Limited is facing strong criticism over its plans to develop a new gas field in the Timor Sea, according to Australian media reports...
24 Jun 2021
EU Parliament gives green light to EU climate law, paving the way for a new set of policies on July 24 from the EU Commission...
24 Jun 2021
Popane and marine fuel, at either ends of the barrel, saw stong gains, while the rest of the oil complex was little changed or drifting lower...
24 Jun 2021
Indian conglomerate Reliance Industries is to invest more than $10 billion dollars in green energy over three years ...
24 Jun 2021
Pump sales of gasoline in the UK slip lower for the third week in a row...
24 Jun 2021
Crude oil futures rebounded strongly in late-afternoon London trading Thursday after after the US released strong jobs data, which countered the earlier bearish sentiment over potential production increases from the OPEC+ group.
24 Jun 2021
India's oil minister has once again urged OPEC+ to speed up the rate at which it unwinds production cuts...
24 Jun 2021
A tropical wave to the east of the Caribbean Sea has been given just a 10% chance of developing into a tropical storm in the next 48 hours or...
24 Jun 2021
Global diesel cracks are under pressure after refiner output jumped ahead of demand, crushing jet margins as well ...
24 Jun 2021
Hin Leong founder Lim Oon Kuin has been hit with 105 new charges by Singapore authorities investigating the collapse
24 Jun 2021
Gasoline refining margins in Asia hit their highest level in month on Thursday as stock figures in both...
24 Jun 2021
Middle East crude prices moved up Thursday to new 26-month highs, while refined products...
24 Jun 2021
Dubai's Department of Petroleum Affairs has set the official selling price for Dubai crude loading in September largely within expectations at...
24 Jun 2021
A survey by the Dallas Federal Reserve finds energy executives expect the rally in WTI prices to last...
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