Oil Market News

Diesel margins lost momentum this week, unravelling earlier gains as easing Red Sea tensions and persistent manufacturing weakness...

Middle East crude was consolidating at around one-month lows after a volatile week for oil markets that left the Dubai benchmark...

Russia's antitrust regulator has proposed reinstalling a ban on gasoline exports to help stabilise the domestic market...

Cracks and timespreads hit fresh seasonal highs on both gasoline and naphtha this week, with US trade policy and President...

HSFO prices continued to climb in Asia this week to trade at a rare premium to Brent crude, buoyed by the confusion caused to the shipping...

India's refined oil product demand traced lower in December, provisional data showed Friday, with steep declines in diesel, gasoline and fuel...

Saudi Arabia's crude shipments to Asia could rise further in February, according to analysts at Vortexa, with latest US sanctions on Russian...

Middle East crude prices edged up from one-month lows Friday but heading for a sluggish weekly performance, while HSFO 380 CST...

Malysia's refined oil products output dropped over 12% in December compared to November's highs, slipping to an eight-month low as light end...

US natural gas inventory slumped for the 12th week to reach 2,397 Bcf as of 31 January, according to...

Benchmark crude oil futures were little moved Thursday as markets weighed fresh US sanctions on Iran against the Trump administration's...

Crude oil futures Thursday were marginally higher as prices steadied following a tumultuous week so far...

European natural gas futures surged to fresh 15-month highs as a cold blast moved into Western Europe, while potential tariffs on replacement...

The Trump administration issued its first set of sanctions on Iran Thursday, targeting what it said was an illicit international...

The operator of the Trans Mountain Expansion (TMX) crude pipeline is working on allowing loading...

Refined oil products stored in the ARA region marked their third consecutive build last week as a sharp rise in road fuel inventories...

The spread between marine fuel and high sulfur fuel oil in Asia narrowed to the lowest levels since the IMO 2020 sulfur cap took effect half a...

US diesel exports to Europe are set to rebound after a brief reversal on the transatlantic arb, which saw global arrivals last month...

The US Department of Energy will sacrifice meeting its net-zero greenhouse gas emission targets in favour of expanding domestic oil and gas...

BP announced Thursday it is seeking buyers for its struggling 240,000 bpd Gelsenkirchen refinery in Germany as part of a strategy to focus...