Oil Market News

10 Feb 2025
European natural gas futures surged to fresh highs Monday as colder temperatures and declining stocks extended the...
10 Feb 2025
Crude oil futures opened the week higher, underpinned by soaring natural gas prices in Europe, although tariffs and sanctions...
10 Feb 2025
The Greater Tortue Ahmeyim project located offshore Mauritania and Senegal will export its first LNG cargo in the first quarter of 2025...
10 Feb 2025
Nigeria's Dangote refinery may begin operating at full capacity in 30 days, the head of the refinery said on Monday, while the NNPC continues...
10 Feb 2025
The Ukrainian military said Monday it hit the Afipsky oil refinery in southern Russia in an overnight drone attack...
10 Feb 2025
European natural gas prices could fall by as much as 50% if peace is restored between Russia and Ukraine, Goldman Sachs analysts published...
10 Feb 2025
Singapore gasoline cracks hit their highest levels since May during trade at the start of the week as expectations of lower exports out of...
10 Feb 2025
Middle East crude prices continued to edge up from one-month lows Monday, while gasoline paper cracks firmed to their highest...
10 Feb 2025
Petrobras Singapore sold its first marine biofuel in the Asian bunker market as the Brazillian state-run oil company aims to take advantage of...
10 Feb 2025
ExxonMobil is restarting a light ends unit at its 565,000 bpd Baytown refinery after it tripped over the weekend
10 Feb 2025
LyondellBasell has completed the shutdown of its 263,776 bpd Houston refinery, Reuters reported, ending operations at the decades-old...
10 Feb 2025
Activist investor Elliott Investment Management has built a stake in BP, a move that could set off a battle over the British energy giant's...
10 Feb 2025
An explosion damaged the engine room of the oil tanker Koala at Russia's Ust-Luga port on 9 February, according to local media...
10 Feb 2025
Taiwanese exports of gasoline rose sharply in December against the backdrop of a seasonal demand pull towards the end of the year...
10 Feb 2025
Risk-off sentiment spread across global markets as investors reduced exposure to crude oil futures after the US imposed 10% tariffs on...
7 Feb 2025
Weekly US drilling activity rose for a second week, with increments registered in five states that included...
7 Feb 2025
Benchmark crude oil futures drifted lower on Friday to mark the third consecutive weekly decline, with attention pivoting toward Trump's...
7 Feb 2025
Crude oil futures were trading sideways and heading for a third week of losses on Friday, albeit relatively modest ones...
7 Feb 2025
US refiner Delek has started planned works on several units at its 73,000 bpd Big Spring refinery in Texas
7 Feb 2025
Diesel margins lost momentum this week, unravelling earlier gains as easing Red Sea tensions and persistent manufacturing weakness...
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