Latest News

The anticipated rebound in demand for transport fuels plus changes to Chinese import tariffs has lifted premiums for Sokol and ESPO…

Only a third of Chinese provinces and regions are on course to meet both their energy consumption...

US natural gas prices have consolidated above $3 per million British thermal units with warmer weather boosting power demand, while global LNG prices...

Gasoline stocks rose last week on the first weekend of the US driving season...

Gasoline fails to spark after the first weekend of the US driving season, but distillates and high sulfur fuel oil cracks rally...

Investment in the global energy sector is set to hit $1.9 trillion this year, a jump of 10% on 2020...

Crude oil futures maintained the upwards momentum in late-afternoon London trading Wednesday, as demand growth optimism along with a broad welcome of OPEC+...

Russian gas producer Novatek announced agreements for the long-term supply of in excess of 1.5 million mt of LNG per year ...

Abu Dhabi National Oil Co. announced its Official Selling Prices for July Wednesday, set against the recently-launched ICE Futures Abu Dhabi (IFAD)...

HSFO cracks extend recent gains despite bulging stocks in Fujairah...

Japan's consumption of naphtha more than doubled to 340 million litres in the week ending May 29, causing an 8.3% ...

Morgan Stanley Wednesday increased its forecast for Brent crude oil in the fourth quarter of 2021 to $67.50/barrel, up from $65.00/b, while maintaining its Q3 forecast at...

Russian crude oil and condensate production in May reached 10.4 million bpd, according to government data...

Middle East crude oil prices consolidated recent gains Wednesday, as the market increasingly...

Spot gasoline crack margins on a FOB Singapore basis fell for the sixth successive session in trade on...

Residual fuel stocks at the bunkering hub of Fujairah rose 23% in the week ending May 31 to the highest...

Crude oil futures remained on solid footing in Asian trading hours Wednesday, as demand growth optimism and tight OPEC discipline continues to underpin prices...

Gasoline was little changed amid the rally in Brent, but distillate and jet jump ahead...

ULSD exports from Russian port of Primorsk scheduled to drop sharply...

Sales of gasoline, diesel and jet in India slumped 19%, 20% and 28% in May compared to a month earlier...