Latest News

27 May 2021
UK refinery demand so low in the first quarter, the country's balance of payments was boosted by oil exports...
27 May 2021
Retail sales of diesel in Great Britain edged higher in the 7 days to May 23 to 93% of pre-Covid-19 levels, while gasoline ...
27 May 2021
Global liquefied natural gas (LNG) markets are set to tighten over the next five years, due to supply pressures, but Europe's market dynamics are turbo-charging the price recovery with the TTF gas benchmark currently trading…
27 May 2021
Inventories of oil products in the trading hub of Singapore fell sharply last week, with total stocks of...
27 May 2021
Oil futures recovered earlier losses in late trading Thursday, as positive economic indicators from the US underpinned demand-growth optimism, while a timeline on the return of Iranian oil into the market...
27 May 2021
US natural gas prices rallied back above $3 per million British thermal on expectations of warmer weather boosting power demand …
26 May 2021
Gasoline price gains in Europe outpaced underlying Brent costs Wednesday after US Energy Information Agency data showed ...
26 May 2021
HSFO continues to correct higher, European gasoline gained after the US stock draw, and Low Sulfur Gasoil future cracks dipped lower...
26 May 2021
US airline Delta Air has racked up a near $350 million liability for buying biofuel credits as the company lobbies...
26 May 2021
A district court in the Netherlands sent shockwaves around the oil industry on Wednesday after it ruled oil major Royal Dutch Shell must cut sharply its emissions of carbon dioxide to help combat global warming...
26 May 2021
US crude stocks fell by over 1.5 million barrels in the seven day period to May 21, weekly data from...
26 May 2021
European aviation market faces long-haul drag to full recovery, and flight numbers in 2021 will only reach half the levels seen in 2019...
26 May 2021
Japan's refineries used 2.236 billion litres of crude in the week ending May 22, a 6.8% drop on the week, while output shifted ...
26 May 2021
July Brent rallies after EIA reveals stock draws in crude, gasoline and distillates, but fails to recover to earlier intraday high...
26 May 2021
Members of the OPEC+ group of oil producer group will consider the possibility of Iranian oil returning to the global market, Russia Deputy Prime Minister Alexander Novak told reporters…
26 May 2021
Iran may be holding as much as much as 69 million barrels of crude oil and condensate at sea, according to Bloomberg, referencing leading broker E.A. Gibson…
26 May 2021
HSFO cracks surge across the curve from June paper to 2024...
26 May 2021
Khalifa Industrial Zone Abu Dhabi (KAZID), a subsidiary of Abu Dhabi Ports, has announced plans to build a new 200,000 ...
26 May 2021
GCC borrowing requirements will drop sharply in 2021 as economic activity picks up, oil prices rise and governments constrain spending
26 May 2021
Middle East crude oil futures edged higher Wednesday, amid subdued trading with the key Singapore market closed for a national holiday.
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