Latest News
22h ago
Oil futures Friday were climbing higher as crude benchmarks extended the week's gains to 10%...
23h ago
Crude extended recent gains Friday as Middle East tensions helped Brent record its steepest weekly gain for the year...
4 Oct 2024
Global gasoline cracks slipped this week, unable to keep up with the gyrations in crude markets despite a sharp jump in cash markets...
4 Oct 2024
US natural gas prices consolidated at close to three-month highs during the week ending 4 October, as lower production...
4 Oct 2024
Deliveries of oil products from Exolum terminals to the Spanish market fell to 783,000 bpd in September, latest Exolum data showed Thursday...
4 Oct 2024
The gasoil supply overhang in Asia is expected to show signs of easing on the back of better appetite from Europe as supplies from the...
4 Oct 2024
Middle East benchmark Dubai crude posted the steepest weekly percentage gain of the year as elevated tensions in the Middle East...
4 Oct 2024
New electric vehicle (EVs) sales in the UK climbed to record heights in September, according to industry data released Friday, but remain far...
4 Oct 2024
East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...
4 Oct 2024
The European Commission's proposal to impose definitive tariffs on imported Chinese electric vehicles (EVs) has surpassed the required...
4 Oct 2024
HSFO prices in Europe strengthened with the escalation in Middle East tensions potentially posing a threat to West of Suez supplies...
4 Oct 2024
ExxonMobil expects lower oil prices and a drop in refinery margins to hit third quarter earnings by up to $2 billion...
4 Oct 2024
Oil production retreated nearly 4000,000 bpd during September, primarily due to the widespread field closures across Libya...
3 Oct 2024
Brent crude futures surged past the $77/b mark as investors waited for Israel's next move in the heightened Middle East conflict...
3 Oct 2024
The Norwegian Environment Agency has proposed higher sustainability requirements for biofuels as part of plans to partially ban the use of...
3 Oct 2024
Crude and product prices were sharply higher Thursday on reports Israel was eyeing Iran's oil facilities in retaliation to Tuesday's missile strike...
3 Oct 2024
The United Arab Emirates will invest $23 billion in low-carbon hydrogen and ammonia over the next five years as part of its strategy...
3 Oct 2024
Gasoline stored in the ARA region edged higher this week as exports slowed and barge trading liquidity firmed...
3 Oct 2024
Shell has closed multiple units at its 404,000 bpd Pernis refinery in Rotterdam for major works...
3 Oct 2024
Libya's eastern government on Thursday lifted force majeure on oil loadings under its control...