Latest News

Key Asian distillate cracks rose in the week ending April 9, largely driven by a far greater...

Benchmark Middle East crude oil prices softened Friday, with Dubai and Oman hovering around six-week lows...

Benchmark crude oil futures dropped around 3% in the week ending April 9, as the market continued to trend lower ...

Trafigura is setting up a carbon trading desk, as part of its plan to gain a greater presence in the energy transition, the Geneva ...

The Dubai-based LNG trading firm, H-Energy, has been liquidated after defaulting on trading losses, according to ...

German demand for road transport fuels remained severely dented in January this year, as expected given Covid-19 ...

Saudi Aramco has agreed to sell a large minority stake in its pipeline assets for $12.4 billion...

Spain's lower chamber approved a law Thursday setting out plans to reach carbon neutrality by 2050 and which bans sales ...

European oil markets were little changed Friday, but the recent trends continued with gasoline softening again versus crude in the wake...

Oil futures eased lower late afternoon Asian trading Friday, as the stuttering demand recovery and OPEC+...

Benchmark Middle East crude oil edged higher Thursday, having hit six-week lows in the previous session, although...

Energy major Valero is expecting negative profits for the first quarter of the year after a winter storm in February, the ...

French energy major Total has started production of sustainable aviation fuel (SAF) and will start supplying French airports ...

Russia is forecasting depressed demand for oil and refined products due to the impact of Covid-19 to last until 2023- ...

U.S. energy giant Exxon is looking at closing its 120,000 barrel per day Slagen oil refinery in Norway, the company said ...

Qatar's state-owned petroleum company, Qatar Petroleum, has set its Official Selling Price (OSP) for marine crude oil in May at...

Refining margins for high sulfur fuel oil (HSFO) in Rotterdam tumbled to $10 below Brent futures on Thursday as OPEC's decision...

Energy major Chevron's shareholders will be permitted to vote on proposals setting out emission reduction targets, after ...

Refining margins for gasoline in north Europe Thursday maintained yesterday's losses following the release of the US ...