Latest News

Brent and distillate futures corrected lower Friday amid a rally in the dollar index, but gasoline prices were resilient...

Summertime gasoline refining margins for Eurobob E5 barges in ARA have rallied this week but have yet to recover the lost ground...

Crude imports into Japan fell 0.6% in March, compared with the same month a year earlier...

Summer maintenance on a major oil pipeline in the North Sea will reduce production of Forties...

Chevron's downstream business suffered in the first quarter amid the impact of Covid-19, with US sales of refined products dropping 9% year-on-year...

The number of ships fitted with scrubbers to remove pollution doubled in the thirteen months ...

Brent crude oil futures pulled back from 6-weeks highs as concerns over Asian demand resurfaced, but backwardation ...

Abu Dhabi National Oil Co has informed its term customers of supply cuts for its Murban, Das Blend and Upper Zakum crude ...

Spain's consumption of road fuels in March increased 29.3% on the year to 2.288 million mt, although this was still down 3.4% ...

Italian energy major Eni's Q1 crude oil production fell 9% on the year to 814,000 b/d largely due to the effect of OPEC+ ...

Dubai crude prices maintain weekly uptrend, but concerns over Indian demand fallout remain.  

Some 145 million electric vehicles of all types will be on the world's roads by 2030, comprising 7% of the total road fleet, said ...

Automakers Daimler Truck and Volvo Group announced Thursday a €1.2 billion hydrogen-based fuel-cell joint venture ...

EIA-driven oil price rally extends into second day, as investors shrug off Asia slowdown concerns….

Light distillate stocks held by major storage companies in Singapore fell 8% in the week...

Middle East Dubai crude followed Brent higher, but front structure remains weak,....

China sovereign wealth fund China Investment Corporation is among a number of companies interested in purchasing...

Finnish renewables producer and refiner Neste will be able to produce up to 500,000 mt per year of sustainable aviation ...

Oil producer Saudi Aramco has lowered its official monthly selling price of liquefied gas (LPG)...

Gasoline cracks in Asia rose to a one-week high on Monday amid data that showed light distillate stocks...