Naphtha News
19 Dec 2024
ARA gasoline inventories hit a new high this week, although the pace of seasonal stock building slowed...
19 Dec 2024
Record jet demand and modest growth in road fuel deliveries helped push UK oil demand higher in October...
19 Dec 2024
The European auto sector saw another contraction last month with sales 2% lower than a year earlier, despite growing demand for hybrids...
19 Dec 2024
Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...
18 Dec 2024
Crude and European product prices clawed back the week's earlier losses helped by lower US crude and distillate stocks...
18 Dec 2024
Crude oil futures were higher as benchmarks recovered from the week's lows ahead of the US rate decision...
18 Dec 2024
US gasoline stocks climbed for the fifth straight week as imports reached their highest level since August, offsetting an uptick in demand...
18 Dec 2024
China's refinery output fell to its lowest since February 2023 last month as weak downstream demand at home and abroad led refiners...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...
18 Dec 2024
Another big build in residual stocks in Fujairah last week lifted refined product inventories to their highest levels since mid-September...
17 Dec 2024
Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...
17 Dec 2024
Crude and product prices were lower Tuesday as concerns over Chinese oil demand weighed on the outlook, ahead of an expected US rate cut...
17 Dec 2024
Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...
17 Dec 2024
Vitol, the world's largest independent oil trader, is expanding into the circular economy with a deal to buy a majority stake in WPU, a...
17 Dec 2024
European states are tightening enforcement of sanctions on Russia's shadow fleet by demanding stricter proof of insurance, targeting...
16 Dec 2024
Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...
16 Dec 2024
Crude eased Monday as mixed Chinese data weighed on the outlook, while European product prices also inched lower...
16 Dec 2024
Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...
16 Dec 2024
Pengerang Energy Complex (PEC) has delayed its operational start to late 2028, with construction now expected to begin by mid-2025...
16 Dec 2024
Libya's National Oil Corp. (NOC) declared force majeure at its Zawiya refinery on Sunday after armed clashes damaged storage tanks...