Latest News

24 Jan 2023
French oil workers’ union CGT has raised the possibility of indefinite strike action after a two-day...
24 Jan 2023
The chair of the US main regulator for trading futures and derivatives said Monday he...
24 Jan 2023
Crude intake in the EU-16 hit 9.75 million bpd in December, the latest Euroilstock data showed...
24 Jan 2023
Over  90% of Beijing’s 22 million population will have been infected with the coronavirus by the end of this month...
23 Jan 2023
Crude oil started the week higher amid thin trade with much of Asia out of the office, with the upwards trend...
23 Jan 2023
Contractors at Valero’s 270,000 bpd Pembroke refinery have secured at least an 11% paydeal...
23 Jan 2023
Price assessments of crude oil and oil products were suspended Monday due to Chinese New Year. 
23 Jan 2023
Crude oil futures Monday were edging higher, consolidating the 10%-plus gains accumulated over the previous two weeks...
23 Jan 2023
European refined products’ forward curves are signalling a growing shortfall of prompt...
23 Jan 2023
A big jump in volumes of Russian crude oil heading to India helped to lift total imports in December to their...
23 Jan 2023
Pakistan’s crude imports continued to climb in December, jumping over a third from November to hit their...
23 Jan 2023
Global airline capacity fell for a third straight week on lower domestic demand, weekly data from OAG...
23 Jan 2023
Bullish oil bets surged last week as the demand outlook improved on China’s reopening...
23 Jan 2023
Abu Dhabi National Oil Company and commodities trading firm Gunvor, are extending an exclusivity period...
23 Jan 2023
Offshore oil exploration in undergoing a sharp upturn, fueled by a surge in global demand for energy, supply disruptions triggered by...
23 Jan 2023
Hindustan Petroleum Corporation expects to operate its Vishakhaptanam (Vizag) refinery in southern India at an expanded capacity of 15 million tonnes...
23 Jan 2023
Setting price caps on Russia refined products has proven "more complicated" compared to similar measures already implemented on crude exports...
23 Jan 2023
North American oil drilling activity tumbled sharply the week ending 20 January, registering the largest drop since September 2021...
20 Jan 2023
Crude oil futures Friday were climbing higher,  consolidating a second week of gains as China's reopening and broader demand outlook...
20 Jan 2023
Crude closed the week higher as China's reopening and brighter demand outlook outweighed...
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