Latest News

Technical group set to focus on Indian demand impact, as OPEC+ ministerial meeting still in doubt...

The slump in UK retail demand since the coronavirus pandemic has led to a sharp fall in UK oil demand, leading to run cuts and job losses...

EPA to restore California's power to set vehicle emission targets...

Oil futures ticked slightly higher, but prices remain rangebound as the market waits for more signals...

Crude oil production in the US was 10.967 million barrels per day in March, leaving total output for the first quarter down ...

Cash Brent/Dubai spread surges above $3/b, as fears over demand destruction in India has pushed refining margins down...

Crude oil futures continued their weaker trend Monday on fears that the surge in COVID-19 cases across India will dampen demand ...

Trading giant Vitol adds to growing list of assets with stake in Norwegian green hydrogen project....

Libya lifts the force majeure after one week of reduced exports. The force majeure helped support the Brent market....

The restart of Norwegian energy giant Equinor's 18 million cubic metres per day LNG plant at Hammerfest will be delayed by ...

UAE's sovereign wealth fund set to invest in Mediterranean gas project,

Commodity trader Trafigura has sold what it say is the first carbon offset naphtha cargo...

Funds continued to rebuild bullish positions in Brent on the ICE exchange last week...

Norwegian oil and gas upstream company Lundin has made what it said is the world's first-ever sale of crude oil with a carbon ...

Rhine water levels have fallen consistently in the second half of April and barges may need to be lightened by the end of the month...

Oman's third refinery is on schedule to start operations in 2022....

Oil major Total has declared force majeure on its $20-billion liquefied natural gas plant in Mozambique...

India is to trial Guyana's crude oil with a view to signing a long-term view to buy the South...

The week started on a bearish note with oil futures dropping on concerns of the Covid-19 pandemic in India...

Russian petrochemical producers Sibur and TAIF are to merge businesses in a deal that will see the new entity...