Energy Market News

Saudi Arabia's refinery operations ramped up significantly in December following seasonal maintenance, even as crude production...

Russia's Energy Ministry is seeking to extend gasoline export exemptions for refiners until August, contradicting earlier calls for...

European naphtha markets have rallied significantly over recent weeks, with robust petrochemical demand and improved gasoline...

OPEC+ is considering a further postponement in planned production increases, according to Bloomberg, although Russia said...

Middle East crude nudged higher during Tuesday's session while the naphtha east-west continued to weaken amid strength in the European market...

Transneft warned crude flows through the Caspian Pipeline Consortium (CPC) could fall by as much as 30% for up to two months after a...

Sanctioned oil tankers carrying Russian-origin cargoes continued to discharge at ports in Shandong province despite a recent ban...

Bangchak Sriracha has received ISCC EU certification for its B24 marine biofuel and is now prepared to supply the renewable fuel to...

Benchmark crude oil futures opened the week higher on Monday as investors braced for pressure on Iran, while LSGO weakened further under...

Crude oil futures opened the week slightly higher against a backdrop of cautious trading as geopolitics and macroeconomics continued to...

The resumption of oil exports from the semi-autonomous Kurdish region of Iraq moved a step closer Monday, after clearing a number of legal...

Portuguese oil company Galp expects refining margins to decline to around $6/b in 2025 as new refining capacity comes online in South...

Backwardation at the front of the Asian naphtha curve continued to firm at the start of the week, hitting its highest level in 10 months as...

QatarEnergy has awarded its monthly Al Shaheen tender for April at slightly lower levels, although premiums remain relatively solid amid...

The US Department of Energy has granted Commonwealth LNG a permit to export liquefied natural gas to non-free-trade-agreement...

Brazil's oil regulator ANP has cleared Petrobras to start production at the Almirante Tamandaré floating production, storage and offloading...

A Ukrainian drone attack hit a key pumping station on the Caspian Pipeline Consortium (CPC) network overnight, reducing crude flows...

Marine fuel sales in Fujairah recovered in January 2025, rising from December's 18-month low, but remained 6.8% lower year-on-year as overall demand continued to soften...

Middle East crude opened the week little changed amid conflicting price indictors, while structure in the naphtha market has firmed to levels...

Emergencies services have extinguished a fire on a natural gas pipeline in the Permian Basin, which followed an earthquake in West Texas...