Latest News
13 Apr 2021
Chinese crude imports totalled 49.66 million mt in March – equivalent to 11.69 million bpd...
13 Apr 2021
ADNOC expands VLCC fleet, expected to support crude sales and trading activities
13 Apr 2021
Brent ticked higher by 16.30 UK time for the fourth trading day in a row Tuesday, but European distillate futures diverged with Low Sulfur Gasoil future...
13 Apr 2021
OPEC increases demand growth outlook for first time this year
13 Apr 2021
Finnish refiner Neste has struck a deal to supply 300 mt of sustainable aviation fuel to Finnair at Helsinki airport in Finland...
12 Apr 2021
Russia plans to take a 20% share of the global hydrogen market by 2030 and sell up to 33.4 million mt of the product by 2050 ...
12 Apr 2021
Nearly all the oil exporting countries of the Middle East and north Africa will need to drain cash reserves....
12 Apr 2021
Refining margins for jet kero cracks FOB Singapore rose to their highest in more than a month on Monday while light end ...
12 Apr 2021
Swiss-based miner and oil trading house Glencore has signed a memorandum of understanding to develop carbon capture and storage...
12 Apr 2021
Essar Oil UK, the owner and operator of the 210,000 b/d Stanlow refinery in the UK, issued a statement on Monday to ward off speculation that it was on the brink of financial collapse....
12 Apr 2021
Production of refined products in Malaysia in February was 12% lower year-on-year at 2.46 million mt, with the largest drops ...
12 Apr 2021
Funds have cut bullish bets in Brent on the ICE exchange for the third week in a row, data from the Commitment of Traders Report shows....
12 Apr 2021
The number of flights in the European area has dropped week-on week for the time since mid-February, according to data from Eurocontrol...
12 Apr 2021
Two new gas rigs were drilled in the U.S. last week, but the oil rig count stayed the same for the second week running, according to data from Baker and Hughes...
12 Apr 2021
France's National Assembly voted on Saturday to ban some short-haul domestic flights as part of a wide-ranging set of ...
12 Apr 2021
India's fuel consumption increased to the highest level since December 2019, according to Indian news outlets citing data ...
12 Apr 2021
India's IOC snapped up around 8 million barrels of West African crude last week, as state-controlled refiners look for ...
12 Apr 2021
Brent gained for the third day in a row by 16.30 UK time, lifting most of the European oil complex, although there was a drop in 0.5% marine fuel and naphtha prices...
12 Apr 2021
Oil futures were little changed on pre-weekend levels in late afternoon Asian trading Monday...
12 Apr 2021
Middle East crude oil prices edged cautiously higher Monday, but Dubai and Oman continued to bounce...