Latest News
31 Oct 2024
US refiner HF Sinclair said oversupply was the main reason it swung to a third quarter loss...
31 Oct 2024
UK oil inventories declined in August as crude production hit its lowest level in over a decade, while demand passed its seasonal summer peak...
31 Oct 2024
Shell enjoyed a much better-than-expected set of Q3 earnings as its booming, outsized LNG business offset lower oil refining returns...
31 Oct 2024
TotalEnergies' profits underwhelmed initial forecasts over the third quarter as lacklustre European product demand coincided with a wave of...
31 Oct 2024
Global demand for air travel hit the highest level on record for September after the peak summer season passed in the northern hemisphere...
31 Oct 2024
Brazil's crude oil exports remained subdued through September as lower output limited availability, with more production likely...
31 Oct 2024
US refiner PBF Energy has responded to criticism from Californian lawmakers that have accused the company and its peers of ripping off...
31 Oct 2024
Trafigura said it has uncovered serious misconduct by individuals in its Mongolian business, resulting losses...
31 Oct 2024
Repsol is already seeing a recovery in refinery margins after a difficult third quarter, which saw profits halved from the same time last year..
31 Oct 2024
Australian oil producer Karoon Energy said October 2024 production at its recently acquired Who Dat oil and gas development...
31 Oct 2024
Spain's governing Socialist party reached an agreement Thursday to scrap its energy windfall tax that has been heavily criticised...
31 Oct 2024
OPEC+ is considering a further delay to scheduled planned production increases according to Reuters, while the broader market is split...
31 Oct 2024
Turkey's crude oil imports slumped almost 35% on the month in September as refinery maintenance throttled demand, government data showed...
31 Oct 2024
Rosneft's 240,000 bpd Tuapse refinery is expected to resume operations next month, having been offline in October because of weak margins...
31 Oct 2024
The average price for Middle East benchmark posted a first gain in five months, with the trading cycle dominated by geopolitical tensions...
31 Oct 2024
Asia commentary and pricing are suspended Thursday due to a Singapore holiday. A normal publishing schedule will resume 1 November...
31 Oct 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
30 Oct 2024
Benchmark crude oil futures edged higher Wednesday as falling inventories in the US coincided with reports that OPEC+ would delay...
30 Oct 2024
The US imported a record 4.3 million bpd of Canadian crude in July after the Trans Mountain pipeline completed its expansion...
30 Oct 2024
Crude oil futures Wednesday staged a healthy rebound, as benchmarks found some support from speculation on OPEC+ policy...