Europe Jet Fuel News
1 Oct 2024
Crude oil futures surged higher on the deteriorating geopolitical situation in the Middle East, sparking fears a major expansion in...
1 Oct 2024
TotalEnergies will ink a final investment decision (FID) for the GranMorgu development on Block 58 in Suriname for $10.5 billion, the company...
1 Oct 2024
HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
US crude output eased in July as Beryl slammed into Texas as the first of three hurricanes to make landfall so far this year...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
27 Sep 2024
Mexico's refined oil product demand retreated from July's two-year highs in August, latest monthly figures from Pemex showed this week...
27 Sep 2024
Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...
27 Sep 2024
Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...
27 Sep 2024
The paper curve backwardation for low sulfur diesel in Europe has gotten steeper this week as the autumn refinery maintenance season kicked in...
27 Sep 2024
Citgo was restarting its 177,000 bpd Lemont refinery in Illinois on Friday after a power outage...
26 Sep 2024
Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...
26 Sep 2024
Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...
26 Sep 2024
US crude production hit a new record high of 13.325 million bpd last month, according to the latest EIA data...
26 Sep 2024
Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...
25 Sep 2024
Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...
25 Sep 2024
US inventories of distillate fuels shrank to a three-week low, latest weekly data...
25 Sep 2024
Brazil's Ministry of Mines and Energy has called for more investment in both its upstream and downstream oil sectors...
25 Sep 2024
Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...