Oil futures: Crude edges up as progress on trade talks eyed
Crude Oil LPG Naphtha
1h ago
Crude oil futures were edging higher as benchmarks consolidated the previous-session's gains, leaving markets...
Sample of Quantum price assessments:
Friday, 23 May 2025JulAugSep
WTI Midland $/b
61.65
+0.27
61.28
+0.29
60.92
+0.23
Chinese medium-sour In-Tank $/b
62.99
+0.01
62.87
+0.11
62.68
+0.13
WCS Cushing $/b
56.89
+0.46
56.29
+0.38
55.20
+0.35
Upper Zakum $/b
63.20
-0.47
62.50
-0.41
62.17
-0.37
Friday, 23 May 2025SpotBalmoJun
Chicago Conventional Premium cash diff $/gal
0.4200
0.0000
New York Harbor Conventional Regular Cash Diff $/gal
-0.0750
+0.0450
US Gulf Conventional Premium Cash Diff $/gal
0.1600
+0.0450
US Gulf Conventional Regular $/gal
2.1000
+0.0240
Friday, 23 May 2025SpotBalmoJun
NYMEX ULSD $/gal
2.105
-0.011
Jet fuel FOB Med $/mt
635.50
+5.00
635.50
+4.00
630.00
+5.00
Gasoil (10ppm) FOB Singapore Cash Diff $/b
0.19
-0.15
ULSD transatlantic HO-GO spread $/gal
0.161
-0.006
0.150
-0.004
Friday, 23 May 2025SpotBalmoJun
HSFO 380 CST CIF NWE $/mt
416.00
+3.00
HSFO 380 CST (3.5% sulfur) FOB Middle East $/mt
406.68
-2.92
HSFO 380 CST delivered Singapore $/mt
438.75
-2.75
HSFO 380 CST (3.5% sulfur) FOB Singapore $/mt
428.68
-2.92
433.25
-1.50
426.75
-1.75
Headlines
Phillips 66 sees volatility in California fuel prices subsiding with more imports
Fuel oil Middle Distillates Gasoline
1h ago
Oil futures: Crude edges up as progress on trade talks eyed
Crude Oil LPG Naphtha
1h ago
West of Suez: LSGO rebounds on lower stocks
Crude Oil LPG Naphtha
2h ago
East of Suez: Dubai extends gains, MFO margnis weaken further
Dubai Brent/Dubai LPG
2h ago
Chevron to carry out layoffs in North Dakota, Texas after Hess merger
Crude Oil
2h ago
Eni posts Q2 refining loss despite robust upstream output
Natural Gas
4h ago
Iraq's June oil exports down 3% on year at 3.3m bpd
Crude Oil
5h ago
Goldman sees US turning net petroleum importer in less than 2 decades
LNG Crude Oil
5h ago
PetroChina building new Dalian refinery complex after plant closure
Diesel/Gasoil Gasoline Crude Oil
6h ago
Fuel oil: Singapore MFO structure weakens further as supply builds
Marine Fuel oil HSFO Bunkers
6h ago
Phillips 66 earnings jump on 7-year high refinery runs
Fuel oil Light ends Middle Distillates
7h ago
Distillates: Global diesel cracks ease, jet regrade still strong
Diesel/Gasoil Jet fuel
7h ago
Light ends: European exports inch higher, naphtha looks for a floor
Light ends
8h ago
Crude: Dubai outpaces Brent amid sanctions threat on Russian oil
Oman Brent/Dubai Dubai
9h ago
Goldman hikes diesel forecast on tight supply, lower China output
Diesel/Gasoil
11h ago
FACTBOX: Sub-Saharan Africa set for 500kbpd of extra refining capacity
Refined Products Crude Oil
18h ago
Oil futures: Crude lower after report Chevron can resume Venezuela ops
WTI Brent LPG
23h ago
Valero says Benicia refinery to shut as planned next year
Marine Fuel oil Middle Distillates Crude Oil
23h ago
EIA: Weekly gas inventory build slowing amid heatwaves
LNG
24 Jul 2025
US govt to allow Chevron to resume oil ops in Venezuela: report
Crude Oil
24 Jul 2025
Spotlight
Phillips 66 earnings jump on 7-year high refinery runs
Fuel oil Light ends Middle Distillates
7h ago
Phillips 66's revenue in the second quarter this year nearly doubled q/q after refinery runs jumped ...
Goldman hikes diesel forecast on tight supply, lower China output
Diesel/Gasoil
11h ago
Diesel cracks are expected to stay well above pre-pandemic levels through 2026, even as some near-term softening sets in...
FACTBOX: Sub-Saharan Africa set for 500kbpd of extra refining capacity
Refined Products Crude Oil
18h ago
This week's $1.1 billion Zambian-Chinese agreement to build a 60,000-bpd oil refinery is the latest in a string...
Commentaries
East of Suez: Dubai extends gains, MFO margnis weaken further
Asia
Dubai Brent/Dubai LPG
2h ago
East of Suez crude prices moved up to the higher end of the July trading range on Friday, while an amply supplied marine fuel market continued...
West of Suez: LSGO rebounds on lower stocks
Europe
Crude Oil LPG Naphtha
2h ago
Benchmark oil futures were eased Friday to consolidate a small 2% drop on the week, while LSGO cracks rebounded...
Product cracks
Popular
Oil futures: Crude flat after fresh EU sanctions
WTI Brent LPG
18 Jul 2025
Crude oil futures on Friday were consolidating recent gains as a fresh EU sanctions package on Russia and supply disruptions offset jitters...
Oil futures: Crude eases as Russia sanctions, trade talks eyed
WTI Brent LPG
21 Jul 2025
Crude oil futures opened the week lower, with markets in a holding pattern and waiting for pricing signals after last week's modest...
Oil futures: Crude lower after report Chevron can resume Venezuela ops
WTI Brent LPG
23h ago
Crude oil futures seesawed Thursday after reports from the Wall Street Journal (WSJ) that the Trump administration had given Chevron...
Oil futures: Crude steady as China, EU tariff deadlines loom
WTI Brent LPG
23 Jul 2025
Crude oil futures initially drifted lower Wednesday, but saw end-of-day gains negate those declines after another US crude draw...
Shell shuts units at Pernis refinery after leak, fire
Refined Products Brent
21 Jul 2025
Emergency services were called to Shell's Pernis refinery over the weekend after reports of a leak and fire, forcing the company...
Antwerp's Q2 bunker sales slow despite strong gasoil, LNG demand
Diesel/Gasoil LNG Marine Fuel oil Biofuels
23 Jul 2025
Overall bunker sales slowed in Antwerp through the second quarter but were still up 10% on the year, while an EU environment policy shift...
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Data
Iraq's June oil exports down 3% on year at 3.3m bpd
Crude Oil
5h ago
Iraq's oil production was lower in June, with monthly data from state oil company SOMO published Friday calling exports for the...
Distillates: Global diesel cracks ease, jet regrade still strong
Diesel/Gasoil Jet fuel
7h ago
Diesel margins fell globally this week as supply rebounded, inventories rose, and demand softened, while in Europe jet fuel continued...
EIA: Weekly gas inventory build slowing amid heatwaves
LNG
24 Jul 2025
US gas stocks rose for another week although the gains were limited as heatwaves across the country ...
Argentina road fuel sales slow through June
Diesel/Gasoil Gasoline Crude Oil
24 Jul 2025
Argentina's road fuel deliveries to customers dropped last month in line with seasonal trends, with monthly government figures published...
Italian oil demand up 2% y/y in June on higher summer travel
Crude Oil Refined Products
24 Jul 2025
Italian oil deliveries rose again last month with gasoline and jet fuel recording fresh seasonal highs as the summer travel
ARA diesel draw pulls total product stocks to 18-month lows
Jet fuel Diesel/Gasoil Fuel oil
24 Jul 2025
Diesel/gasoil inventories in the ARA fell to fresh 19-month lows this week as refiner sought to capitalise on elevated margins, while gasoline...