Latest News

19 May 2021
Refining margins for almost all key products improved on Wednesday as a sharp fall in crude...
19 May 2021
Energy majors Eni and BP are to explore combining their upstream assets in Angola, including oil, gas and LNG ...
19 May 2021
Rising diesel prices coupled with a slowdown in bunkering in Asia has blown out the spread between diesel and...
19 May 2021
Medium sour crude seen in demand, ESPO premiums at new highs
19 May 2021
The Antipinsky oil refinery in Russia has been sold as part of bankruptcy proceeding...
19 May 2021
Demand for distillate-rich crudes pushed ESPO premiums to new highs, as Surgut awards second of three July tenders…
19 May 2021
Inventories of refined product light ends hit a six-week high of 6.1 million barrels in the week ending 17 May...
19 May 2021
US gasoline and diesel stocks fell, but there was a small rise in crude stocks last week...
18 May 2021
The early rally in July Brent to above $70/b failed to hold Tuesday and the crude future retreated in the afternoon ...
18 May 2021
French airline Air France-KLM operated its first long-haul flight operated on sustainable aviation fuel (SAF) Tuesday ...
18 May 2021
Having finally breached $70/b on the third attempt this month, prices quickly retreated as a key US economic indicator dampened sentiment…
18 May 2021
Water levels on the Rhine, Europe's second-longest river used to transport many commodities...
18 May 2021
Pump prices for diesel and gasoline and the UK have surged 0.5% week-on-week amid the rally in crude...
18 May 2021
Russia's oil export duty is set to rise to $58.80 mt from June 1, from $54.90 mt in May
18 May 2021
HSFO barge spot cracks were set to fall again Tuesday, but spot prices will edge higher if Brent holds at $70/b...
18 May 2021
Middle East benchmarks Dubai and Oman hit post-pandemic highs...
18 May 2021
The IEA sees biofuels and hydrogen as the key to decarbonising the transport energy system...
18 May 2021
Diesel exports from China up 5.7% on the year as crude processing rises...
18 May 2021
Shale production will continue to recover in the Permian basin in June for the fourth month in a row...
18 May 2021
New investments in oil, gas and coal must stop this year if the world is to become net-zero carbon by 2050...
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