Oil Market News
7 Feb 2025
Middle East crude was consolidating at around one-month lows after a volatile week for oil markets that left the Dubai benchmark...
7 Feb 2025
Russia's antitrust regulator has proposed reinstalling a ban on gasoline exports to help stabilise the domestic market...
7 Feb 2025
Cracks and timespreads hit fresh seasonal highs on both gasoline and naphtha this week, with US trade policy and President...
7 Feb 2025
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...
7 Feb 2025
India's refined oil product demand traced lower in December, provisional data showed Friday, with steep declines in diesel, gasoline and fuel...
7 Feb 2025
Saudi Arabia's crude shipments to Asia could rise further in February, according to analysts at Vortexa, with latest US sanctions on Russian...
7 Feb 2025
Middle East crude prices edged up from one-month lows Friday but heading for a sluggish weekly performance, while HSFO 380 CST...
7 Feb 2025
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...
6 Feb 2025
US natural gas inventory slumped for the 12th week to reach 2,397 Bcf as of 31 January, according to...
6 Feb 2025
Benchmark crude oil futures were little moved Thursday as markets weighed fresh US sanctions on Iran against the Trump administration's...
6 Feb 2025
Crude oil futures Thursday were marginally higher as prices steadied following a tumultuous week so far...
6 Feb 2025
European natural gas futures surged to fresh 15-month highs as a cold blast moved into Western Europe, while potential tariffs on replacement...
6 Feb 2025
The Trump administration issued its first set of sanctions on Iran Thursday, targeting what it said was an illicit international...
6 Feb 2025
The operator of the Trans Mountain Expansion (TMX) crude pipeline is working on allowing loading...
6 Feb 2025
Refined oil products stored in the ARA region marked their third consecutive build last week as a sharp rise in road fuel inventories...
6 Feb 2025
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...
6 Feb 2025
US diesel exports to Europe are set to rebound after a brief reversal on the transatlantic arb, which saw global arrivals last month...
6 Feb 2025
The US Department of Energy will sacrifice meeting its net-zero greenhouse gas emission targets in favour of expanding domestic oil and gas...
6 Feb 2025
BP announced Thursday it is seeking buyers for its struggling 240,000 bpd Gelsenkirchen refinery in Germany as part of a strategy to focus...
6 Feb 2025
Adnoc Gas is set to boost capital expenditure by 40% in the 2025-2029 period as it completes the 60% of the under-construction Ruwais LNG...