Latest News

3min ago
India will continue source oil from wherever it needs to in order to meet the country’s burgeoning demand...
12min ago
BP will invest an additional $8 billion in its upstream business by the end of the decade unwinding...
1h ago
New new car registrations reached 66.2 million units globally last year, industry body ACEA said...
1h ago
Crude oil futures in European trading hours Tuesday maintained the firmer start to the week, as sentiment flipped back...
2h ago
Iran’s “ghost fleet” have switched to carrying Russian oil since western curbs on Moscow intensified, as the Kremlin turned to sanctions-busting techniques pioneered by Tehran...
18h ago
Monday brought another bearish day for crude with frontline Brent posting its lowest cash market...
18h ago
Crude oil futures Monday were slightly higher, rebounding from the previous-week’s heavy losses of over 7%, although markets remained choppy amid conflicting price signals...
18h ago
Indian refiners have started paying for most of their Russian oil purchased via Dubai-based traders in UAE dirhams instead of US dollars...
19h ago
Global air passenger traffic continued to pick up in December to confirm a solid year of post-Covid gains for...
19h ago
Industrial action at Neste’s biorefinery in Porvoo has been cancelled with two days’ notice after the Finnish...
19h ago
India raised export taxes on diesel and jet over the weekend and lifted its windfall tax on domestic crude...
19h ago
Morgan Stanley has cut its price forecast for Dutch TTF natural gas futures for a second time in....
19h ago
Sales of electric cars in Germany will decline 8% this year after a reduction in subsidies for battery-electric and plug-in hybrid...
20h ago
Dutch tank storage company Vopak will acquire trader Gunvor's 982,000 cubic metre facilities in Antwerp for an undisclosed...
21h ago
Gasoil cracks slumped to 11-month lows in Asia at the start of the week after the EU agreed to a $100/b price cap...
22h ago
Monday’s devastating earthquakes that ripped through Turkey and Syria have left their mark on the region’s energy infrastructure with disruptions reported to oil and gas...
22h ago
Expectations for the global airline sector to hit the 100 million seat mark have been delayed by a week...
22h ago
 Weeks-long protests and roadblocks have reduced Columbian oil output by 49,500 bpd...
23h ago
Asia oil prices Monday retreated further, largely catching up with Brent losses late Friday, while diesel cracks slipped to their lowest levels...
6 Feb 2023
A fatal accident has halted a planned three-week maintenance at the 148,000-bpd Zeeland...
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