Latest News
6 Apr 2021
US investment bank Goldman Sachs said a return to Iran as a large global exporter of crude oil...
6 Apr 2021
Global energy trader Vitol posted 2020 revenues of $140 billion on Tuesday, down $85 billion in a year...
6 Apr 2021
Oil major BP's financial performance is set to exceed target in Q1 due to a combination of asset sales, a favourable price ...
6 Apr 2021
The UAE announced Tuesday that the Barakah nuclear energy plant has commenced operations...
6 Apr 2021
Benchmark Middle East crude oil prices slipped to two-week lows Tuesday, following the previous day's....
6 Apr 2021
Oil futures moved higher in Asia Tuesday, rebounding from Monday's two-week lows as the weaker dollar...
6 Apr 2021
Russia has lowered its forecast for oil production this year from 560 million mt to 517 million mt, state media reported...
6 Apr 2021
Crude ticked higher Tuesday, but there was a lacklustre response in the European oil product complex, with the exception of gasoline prices in the Mediterranean...
6 Apr 2021
Funds liquidated more bearish than bullish bets in Brent futures and options on the ICE...
5 Apr 2021
Saudi Aramco has increased Official Selling Prices (OSPs) for all Asia-bound crude oil in May, but cut differentials for a number ...
5 Apr 2021
Asian middle distillate cracks versus cash Brent rose sharply on Monday and Tuesday, increasing 40% for 10ppm diesel...
5 Apr 2021
Middle East crude oil initially edged higher Monday following the long Easter weekend, as the...
1 Apr 2021
Brent tumbled Thursday morning ahead of a half day close before the Easter break as reports seeped out that OPEC would gradually ease its production over the next three months...
1 Apr 2021
The OPEC+ producer group has agreed to start softening production curbs Thursday, increasing output by 350,000 ...
1 Apr 2021
Middle East crude oil moved lower Thursday, as growing concerns over the pace of the demand...
1 Apr 2021
Ministers from the OPEC+ group of oil producers hold a virtual meeting Thursday, with analysts expecting either a rollover ...
1 Apr 2021
Brent tumbled Thursday morning ahead of the half day close in Europe before the Easter holiday, with the June contract trading at $62.93/b by 12.30pm UK time...
31 Mar 2021
Middle East crude oil edged lower Wednesday, following OPEC+ lowering its demand growth forecast...
30 Mar 2021
Middle East crude oil moved higher Tuesday, as focus switched away from Suez Canal delays and towards the virtual OPEC+
30 Mar 2021
Brent was stable Tuesday, edging a few cents higher in the afternoon, but the crude future traded in a narrow range over the day...