Oil Market News

13 Feb 2025
Activist investor Elliott Management has taken a stake in BP worth around £4 billion ($5 billion), the Financial Times reported Thursday...
13 Feb 2025
The German government is expected to extend its trusteeship over Rosneft's assets in the country, which include stakes in three domestic...
13 Feb 2025
OPEC and its allies nudged up production by a modest 20,000 bpd in January, with small reductions recorded by several producers offset...
13 Feb 2025
French road fuel demand fell over the month and year in January, industry data showed Thursday, dragged lower by diesel...
13 Feb 2025
The International Energy Agency (IEA) anticipates that global oil markets will remain resilient in the face of mounting trade tensions, maintaining...
13 Feb 2025
Middle East crude prices eased back for a second session Thursday, supporting gasoline cracks at recent high despite a…
13 Feb 2025
Azerbaijan's crude oil and natural gas condensate production fell sharply in the first month of the new year, with the combined figure sliding to...
13 Feb 2025
Middle distillate inventories in Singapore continued to increase as sluggish seasonal demand in the region drew fewer cargoes...
13 Feb 2025
Oil prices fell for a second session on Thursday as markets reacted to US President Donald Trump's announcement that Washington and Moscow...
13 Feb 2025
Toyo Engineering Corporation has been awarded a contract to build the outside battery limits (OSBL) for Petronas' upcoming sustainable aviation fuel...
12 Feb 2025
The Oregon Clean Fuels Program credit bank decreased by about 23,000 credits in the third quarter of 2024...
12 Feb 2025
Adopting E30 gasoline could eliminate the need for 700 million litres of Brazilian gasoline imports, according to a government secretary cited in...
12 Feb 2025
Benchmark crude oil futures lost momentum on Wednesday on bearish EIA data, while LSGO cracks slid on falling natural gas prices...
12 Feb 2025
US ethanol stocks retreated off multi-month highs while exports climbed, according to the latest US Energy Information Administration data...
12 Feb 2025
Energy Transfer has approved plans to proceed with a final Front-end Engineering and Design (FEED) study ...
12 Feb 2025
US commercial crude oil inventories gained for a third week to reach the highest since early November...
12 Feb 2025
A US shale gas producer sold $95 million worth of carbon credits and other environmental attributes in 2024...
12 Feb 2025
Distillate fuel oil inventories in the United States were little moved last week as exports surged amid sluggish demand...
12 Feb 2025
US gasoline stocks fell last week for the first time since early November, as domestic demand and exports were both seen higher....
12 Feb 2025
India's LNG imports are poised for further growth as the country ramps up infrastructure and cements natural gas as a pillar of its...
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