Latest News

30 Oct 2024
European air travel decelerated again last week as demand continues its downward trend from seasonal summer highs, but was still sharply higher on the year. ...
30 Oct 2024
US distillates stocks continued to fall last week, weekly EIA data showed Wednesday, reaching their lowest levels of the year as refinery output...
30 Oct 2024
Spanish oil major Cepsa has rebranded itself Moeve as part of its strategy to become a leader in sustainable energy and mobility and...
30 Oct 2024
US gasoline inventories fell back to new two-year lows last week as demand topped 9 million bpd again after a volatile few weeks...
30 Oct 2024
US commercial crude oil inventories posted an unexpected draw despite domestic production holding close to record levels...
30 Oct 2024
The UK government raised its windfall tax on North Sea oi and gas producers Wednesday and extended it by another year...
30 Oct 2024
Ukraine and Russia have started early talks that would see the two belligerents avoiding attacking each other's energy infrastructure...
30 Oct 2024
The price of marine fuel in Singapore shifted substantially relative to European markets during trade on Wednesday, with the Asian...
30 Oct 2024
AkerBP's profits over the third quarter underwhelmed initial forecasts as scheduled maintenance across oilfields coincided with...
30 Oct 2024
Crude oil production from Mexico's state-owned Pemex slumped to a fresh low for the year in September, while refinery output was up...
30 Oct 2024
The US' largest refined products pipeline system, Colonial Pipeline, could be up for sale in a deal that would value the company and its...
30 Oct 2024
US natural gas giant EQT has sold its remaining non-operated natural gas assets in Northeast Pennsylvania to Norway's Equinor...
30 Oct 2024
Benchmark Dubai posted a relatively firm finish to the October trading cycle ahead of the Singapore holiday, while gasoil cracks continued...
30 Oct 2024
Fuel oil stocks in Singapore fell by almost a quarter last week to hit a six-year low as demand for residual fuels from China persisted amid...
30 Oct 2024
Fujairah's fuel oil and light end stocks continued to build last week as seasonal demand eased off, with a net build of 260,000 barrels of...
30 Oct 2024
Storm Kong-Rey has intensified into a super typhoon and is currently en route to make landfall in Taiwan on Thursday, local authorities warned...
30 Oct 2024
Global energy major Saudi Aramco is exploring investment opportunities in Vietnam's oil market in a bid to streamline its crude flows...
30 Oct 2024
US crude oil inventories posted a surprise drop the week ending 25 October, while stockpiles of refined products were also lower...
30 Oct 2024
Kazakhstan expects to cut its official crude oil output figure for the year after an extended maintenance break at one of its major...
30 Oct 2024
Refined oil product inventories in Japan continued to climb during the week ending 26 October as weak demand pull from other countries saw...
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