Crude Oil News

17 Mar 2022
Middle East crude markets Thursday were lower on the day, playing catch-up with losses...
17 Mar 2022
The Nigerian subsidiary of energy major Shell is keeping its force majeure on Bonny Light...
17 Mar 2022
The price difference between ultra-low sulfur diesel and gasoil with greater sulfur content in Asia...
17 Mar 2022
Japan’s largest refiner Eneos has suspended operations at three of its refineries after Wednesday’s powerful earthquake...
17 Mar 2022
At least 10 vessels carrying Russia-linked cargoes of crude and refined products were approaching the United States on...
17 Mar 2022
Europe’s largest energy traders have called on governments and central banks to provide “emergency” assistance to avert a cash crunch as sharp price moves triggered by...
16 Mar 2022
Crude oil futures Wednesday were off from the highs as markets gave up earlier gains on China's rising Covid cases and progress on the Iranian nuclear talks...
16 Mar 2022
Oil product refiner margins rebounded sharply on Wednesday as the EIA reported a sharp...
16 Mar 2022
Vietnam is planning to build a third refinery in the southern city of Vung Tau to fully...
16 Mar 2022
Japanese kerosene and gasoil stocks fell to fresh multi-year lows by the middle of March as...
16 Mar 2022
US commercial crude stocks rose 4.3 million barrels last week, leaving inventories in the world’s...
16 Mar 2022
Azerbaijan crude oil production in February fell 2.5% on the month to levels not seen...
16 Mar 2022
PKN Orlen, Poland's biggest oil company, has been given the green light by the country's competition watchdog...
16 Mar 2022
The Libyan Prime Minister has urged the OPEC producer group to pump for more oil as the world is...
16 Mar 2022
Asia's run rates and oil demand will come under pressure in coming months on the back of high oil prices and tight feedstock availability, while an abundance of unsold spot...
16 Mar 2022
Japan raised its gasoline subsidy level to its recently increased ceiling of JPY25/litre ($0.21/l) as retail prices...
16 Mar 2022
Russian oil production shut-in is set to reach 3 million barrels per day (bpd) by April as...
16 Mar 2022
Middle East crude markets Wednesday closed higher for the first time in a week, while refined...
15 Mar 2022
Low sulfur gasoil futures tumbled to a two-week low by the European close on Tuesday...
15 Mar 2022
The board of directors at energy major Shell are being sued for a failure to properly prepare for the net-zero transition by...
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