Latest News

25 Oct 2024
Energy giants QatarEnergy and ExxonMobil have been granted a three-year extension to construct the joint-venture Golden Pass LNG terminal...
25 Oct 2024
Tight supply has kept the bullish trend running in both of the Asian and European fuel oil markets this week as cracks were on the rise for...
25 Oct 2024
Gasoil margins on both sides of the Suez showed signs of moderate recovery this week, underpinned by lower distillate inventories across...
25 Oct 2024
Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...
25 Oct 2024
Italian oil product demand ticked higher over the month of September, led by diesel and LPG, which offset a drop...
24 Oct 2024
Benchmark crude futures sunk lower Thursday as easing supply concerns compounded with persisting macroeconomic weakness, while LSGO...
24 Oct 2024
Refiner Neste was the latest company to see a big drop off in margins last quarter, telling investors Thursday that it saw an average Q3 margin...
24 Oct 2024
Lower global refinery utilisation rates and expectations of demand growth out to the year-end should start to boost struggling cracks...
24 Oct 2024
Iraq's crude sales were steady last month as it shipped 3.31 million bpd of crude through September, its oil ministry said Thursday...
24 Oct 2024
Fossil fuels retain their significance in meeting rising global energy demand, according to industry sources at Rotterdam's 2024 ARACON...
24 Oct 2024
TotalEnergies is restarting an unspecified unit at its 220,000 bpd Donges refinery on the French Atlantic coast
24 Oct 2024
Gasoline held in the ARA rose this week as blenders pulled more volumes into the region to meet higher export demand...
24 Oct 2024
Crude oil futures Thursday were nudging higher, cementing the week's gains as geopolitical tensions continued to underpin...
24 Oct 2024
US investment bank JPMorgan is looking at a return to physical LNG after exiting the market a decade ago...
24 Oct 2024
Norway's Equinor expects its largest oilfield to decline from peak production next year, its CEO said Thursday...
24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
24 Oct 2024
UK car output declined for the seventh consecutive month in September as manufacturers diverted production towards zero...
24 Oct 2024
Freight rates for shipping clean oil products in 25,000-40,000 mt tankers across key delivery hubs in Asia have spiked since the start...
24 Oct 2024
Rotterdam bio-blended marine bunker sales slumped 45% between the second and third quarters this year, amid a confluence of...
24 Oct 2024
The IMF trimmed GDP forecasts in China as macroeconomic weakness continues to grip the nation...
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