Latest News

10 Jun 2021
Abu Dhabi National Oil Company (ADNOC) has sold several cargoes of straight run fuel oil this week, after an outage on the Residue Fluid Catalytic Cracker at its...
10 Jun 2021
Dubai structure soars to 17-month high, naphtha cracks stumble following three-week bull run.
10 Jun 2021
Crude oil futures rallied during London afternoon trading Thursday, buoyed by OPEC maintaining...
9 Jun 2021
Gasoline cracks gain in Europe despite huge product stock build in US...
9 Jun 2021
Crude oil futures Wednesday resumed the strong upwards momentum hitting fresh two-year highs on demand growth prospects, although pulled back in afternoon London trading...
9 Jun 2021
Iran's National Iranian Oil Company (NIOC) said Wednesday it has taken all the necessary measures and is ready for boosting oil output to pre-sanctions...
9 Jun 2021
Indian refined product demand in May was at the second-lowest monthly level compared to pre-Covid figures since the pandemic started ...
9 Jun 2021
Flights numbers pick up globally, but still remain sharply below 2019 levels...
9 Jun 2021
US crude stocks fell by 5.2 million barrels last week, EIA data showed Wednesday, a bigger draw...
9 Jun 2021
Spain imported 4.295 million mt of crude in April, down 16.7% on the year and down 4.1% on the month, according to ...
9 Jun 2021
OPEC+ countries collectively produced the highest level of production last month since May 2020 but compliance remains at relatively high levels, according to...
9 Jun 2021
US eases travel restrictions for 110 countries, US passenger numbers rise 3.3%...
9 Jun 2021
Gasoline demand in Japan shot up 38% to 822,035 mt in the week ending June 5, according to implied demand figures ...
9 Jun 2021
Asia will account for 60% of global gas demand growth between 2020 and 2050 due to coal-to-gas switching as domestic gas production declines...
9 Jun 2021
With the switching dynamics between coal and gas fired power generation becoming obsolete, EU carbon prices could hit €100 mt on sentiment...
9 Jun 2021
Front month Asian gasoline paper cracks rebounded on Wednesday to their highest level in...
9 Jun 2021
Middle East crude markets followed the global prices surge Wednesday, hitting fresh two-year highs .... but refined products...
9 Jun 2021
Oil major BP and energy trader Pavilion Energy have signed a 10-year LNG deal that will see the former...
9 Jun 2021
Light end stocks fell to their lowest level since October at the port of Fujairah, according to data...
9 Jun 2021
Americans made an average 1.3 billion trips each day in May, the most since October 2019, data...
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