Latest News

24min ago
Crude oil futures in European trading hours Wednesday were heading towards recent seven-year highs of around $89/b, building on...
29min ago
Asian crude oil prices Wednesday resumed the upwards trend as firm sentiment returned, while gasoline cracks continued...
36min ago
Vietnam’s state-owned PetroVietnam blamed the operator of Nghi Son, the country’s...
2h ago
Middle distillate stocks in Fujairah were down a quarter over the week, slumping back towards five-year lows...
2h ago
The US Department of Energy (DOE) has awarded an additional 13.4 million barrels of crude...
2h ago
Quantum Commodity Intelligence – Crude stocks in the US are expected to have fallen last week...
3h ago
North American crude exports to Asia have undergone a "paradigm shift" in recent years as Indian buyers ramp up purchases...
3h ago
US President Joe Biden will receive Qatar’s Emir Sheikh Tamim bin Hamad at the White House on Jan. 31, in a bid to secure additional LNG supplies for Europe.
16h ago
Spot UCOME barge premiums over low sulfur gasoil futures moved to a 10-day high Tuesday and the waste-based product...
17h ago
European distillate markets climbed higher by the Tuesday close but failed to keep up with...
17h ago
Chevron said Wednesday that drilling has made a comeback in the Permian basin, the top US shale producing region, but in a...
17h ago
The Biden administration is looking at ways to secure energy for European allies in the event that Moscow drastically cuts oil and gas exports...
18h ago
Worldwide air freight markets boomed in 2021, with growth in tonnage flown a kilometre up 6.9% year-on-year...
19h ago
Crude futures Tuesday were firmer following the previous session's risk-off day across financial markets, but the energy sector remains torn...
19h ago
The International Monetary Fund cut its forecast for this year’s global economic growth on...
20h ago
Sales of bioethanol-blended at a rate of 85% into gasoline (E85) rose by a third last year in France, helped by an increase in...
20h ago
Nigeria's government is looking to extend its fuel subsidy for 18 months, its oil minister said Tuesday, despite...
20h ago
Total spending by governments, companies and consumers should reach $9.2 trillion per year in order to...
21h ago
Plans to label gas and nuclear investments in the EU as green have been sent back to the drawing board...
21h ago
London-based carbon ratings agency Sylvera and Valencia-based marketplace ClimateTrade raised $32.6 million and $7.9 million...
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