Oil Market News

6 Feb 2025
Ultra-low sulphur diesel (ULSD) loadings at Russia's main oil terminals at Primorsk and Tuapse are set to reach their highest levels...
6 Feb 2025
The Panama Canal Authority (ACP) has denied a claim by the US State Department that US government vessels, including warships...
6 Feb 2025
European energy transition targets are in danger of collapsing amid a lack of consumer interest, the Swiss Automobile Industry Association...
6 Feb 2025
Middle East crude prices sank to around one-month lows Thursday amid concerns over a tariffs war dampening global trade, while the...
6 Feb 2025
ight end stocks in Singapore rose sharply in the past week as gasoline net exports from the city-state slowed during the holiday season...
6 Feb 2025
Oil production from the 12 core OPEC members eased for a second month in January as reductions from Nigeria and Iran offset...
6 Feb 2025
South Korean conglomerate SK Innovation expects margins from its oil refining business to stay stable in 2025 after a solid rebound in Q4 as demand for...
6 Feb 2025
Major oil refiners in China are planning to boost diesel exports this month amid a seasonal slowdown of industrial activity during the Lunar New Year celebration...
5 Feb 2025
Benchmark crude oil futures were in retreat on Wednesday as investors braced for escalating global trade tensions, while LSGO futures...
5 Feb 2025
TotalEnergies' CEO Patrick Pouyanne ruled out any investment in the UK's North Sea because of the legal problems...
5 Feb 2025
US crude oil exports fell by 484,000 bpd in December to 3.85 million bpd, the lowest level in a year, as Chinese refiners pulled back...
5 Feb 2025
US crude processing increased in the most recent week as runs hit their highest rates for the time of year since 2020, US Energy Information...
5 Feb 2025
Crude oil futures Wednesday were in retreat on broader demand concerns, but markets remain volatile amid mixed pricing signals...
5 Feb 2025
Saudi Aramco has sharply increased OSP for its flagship Arab Light crude loading in March, reflecting the surge in spot premiums for...
5 Feb 2025
US gasoline stocks rose again last week, driven by the largest seven-day build in Atlantic coast inventories in more than three years...
5 Feb 2025
Distillate fuel oil inventories in the United States fell for the third consecutive week last week as refiners struggled to keep pace with robust...
5 Feb 2025
South Africa's Sasol warned investors Wednesday to expect a sharp drop in earnings, with repairs to its Natref refinery expected...
5 Feb 2025
Lukoil's 300,000 bpd Volgograd refinery shut down on 3 February following a drone attack that damaged a key distillation unit and...
5 Feb 2025
Production at Iraq's giant Rumaila oil field is still down by around 180,000 bpd or 15%, officials said Wednesday...
5 Feb 2025
Middle East crude prices rebounded after the US threatened a clampdown on Iranian exports, while structure in the naphtha curve has firmed...
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