LPG News
7 Jun 2024
Gasoline fell below both jet and diesel this week in northwest Europe as pressure ramped up on oversupply...
7 Jun 2024
East of Suez crude prices posted gains for a third session as markets extended the recovery following the early-week slump, with the...
6 Jun 2024
Crude oil futures Thursday were climbing higher as benchmarks consolidated the solid price rebound after the early-week OPEC-led tumble...
6 Jun 2024
Crude futures and product prices rebounded Thursday as the European Central Bank cut interest rates for the first time in five years
6 Jun 2024
Gasoline stocks held in the ARA region sank 10% last week as transatlantic exports picked up, while diesel climbed with part of the Rhine closed...
6 Jun 2024
Naphtha east-west spreads have continued to firm this week, with the increasing attractiveness of the petrochemical feedstock in Asia...
6 Jun 2024
Indian consumption of both gasoline and diesel soared to new highs last month as a general election...
6 Jun 2024
Quantum Commodity Intelligence – East of Suez crude prices recovered some lost ground Thursday but oil markets remain cautious, while weak...
5 Jun 2024
Crude oil futures Wednesday were edging higher as benchmarks looked for a support floor after sustaining heavy losses of up to 6%...
5 Jun 2024
Crude ended the day slightly lower but capped earlier losses after US crude and product inventories rose less than expected Wednesday..
5 Jun 2024
ExxonMobil has begun shutdown procedures at its Gravenchon petrochemical site on France's Atlantic coast...
5 Jun 2024
East of Suez crude prices steadied Wednesday after slumping 5% early in the week after OPEC+ announced it would start unwinding cuts...
5 Jun 2024
Taiwan's Formosa Petrochemical Corp is set to lower crude run rates this month as export margins for...
4 Jun 2024
Crude oil futures Tuesday were again under pressure following the 3.5% retreat in the previous session after OPEC+ published plans...
4 Jun 2024
Quantum Commodity Intelligence – Crude's sell-off continued Tuesday as soft US data added to the bearish tone following the decision by...
4 Jun 2024
Benchmark Middle East crude markets slumped almost 5% Tuesday as investors continued to react negatively to the weekend OPEC+...
3 Jun 2024
Crude oil futures Monday were sharply lower as investors shrugged off the OPEC+ extension to current output quotas, instead focusing on...
3 Jun 2024
Crude futures sank Monday after OPEC+ extended its current production quotas until at least October but said...
3 Jun 2024
The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...
3 Jun 2024
Middle East crude prices started the new month marginally lower as the weekend's OPEC+ meeting did little to move the needle either...