Latest News

China's throughput of crude oil was flat in April compared with a month earlier, although runs remain...

Auctions for the UK's cap and trade emissions scheme starts this week with a trigger price for cooling the market...

Having tumbled more than 3% on Thursday, oil futures bounced back more than 2% Friday…

European light ends and fuel oil front-month refining margins fell between $0.67/b and $1.55/b this week, representing a ...

Oil futures bounced back Friday as the dollar softened and the market corrected from Thursday's sharp falls...

Fuel oil stocks in ARA fell more than 11% last week amid a broad sweep of oil product inventory losses...

Russian energy major Lukoil produced 2.152 million boe/d of oil and gas in the first quarter this year, up 4.2% from Q4 ...

Dubai market structure holds firm as focus switches to weaker refining margins, with refineries set to return from maintenance.

EU carbon prices have hit a fresh all-time high of €55/mt this week as traders and speculators look to lawmakers to ...

Stocks of middle distillates in Singapore hit their highest level in 2 months, according to media reports...

Gasoline cracks in Asia fell by a chunky $1.40/b in trade on Friday on a cocktails of bearish news that...

Sales of jet fuel in Australia reached their highest level in March since Covid restrictions were introduced, bolstered by a ...

Heavy fuel oil has generally performed well during the pandemic, but as crude oil production steps up cracks are seen under pressure

Summertime refining margins for gasoline in Europe have retreated sharply over the week despite headlines and pictures of panic buying in the US...

Oil prices tumbled more than 3% Thursday, as east coast pipelines resumes operations to alleviate fuel shortages.

Oil prices retreated Thursday, giving up more than Wednesday's sharp gains, as the Colonial pipeline slowly restarted in the US...

The pipeline operator was forced to pay $5 million to hackers who had paralyzed the main fuel artery on the US East coast...

Energy major ExxonMobil is planning to add 250,000 barrels/day of crude oil production by 2025 to the Starbroek deepwater ...

Pump sales of diesel and gasoline in Great Britain dropped last week amid the Bank Holiday in England and Wales...

BP shareholders voted in their largest number yet at the company's Annual General Meeting this week in favour of ...