Latest News

14 Sep 2022
The German petrochemical sector is set to shrink 8.5% this year as it struggles to pass on soaring...
14 Sep 2022
The EU has backed away from a price cap on natural gas and has instead aimed to raise more...
14 Sep 2022
The Japanese government is set to lower its gasoline subsidy from this Thursday, it announced on...
14 Sep 2022
A third week of building fuel oil stocks at the Middle Eastern bunkering hub of Fujairah lifted...
14 Sep 2022
Operations at China’s main bunkering hub of Zhoushan have been suspended as a precautionary measure as...
14 Sep 2022
The US administration is considering replenishing the Strategic Petroleum Reserve if oil dips below $80 a barrel...
13 Sep 2022
Crude oil futures Tuesday were lower amid choppy trading, giving up earlier gains after US consumer prices rose in August...
13 Sep 2022
Oil prices are trading around their 15-year average and are priced fairly for now, although they are more likely...
13 Sep 2022
Crude retreated on Tuesday as higher-than-expected US inflation pushed economic concerns...
13 Sep 2022
Oil trading giant Vitol Group has smashed its previous record by making more profit in the first half of 2022 than...
13 Sep 2022
Iraq's State Oil Marketing Organization has cut Official Selling Prices for Asia in October while trimming Dated Brent-related premiums to Europe...
13 Sep 2022
Russia's energy revenues slumped in August and government spending soared, eating into a budget surplus...
13 Sep 2022
Biofuel producer Neste, energy major Shell, chemical producer Borealis and appliance maker Philips were amongst ten...
13 Sep 2022
OPEC is sticking to its upbeat view on the global economy, despite minor revisions to some countries, notably China...
13 Sep 2022
German airlines Lufthansa has expanded its agreement with Austrian energy company OMV to...
13 Sep 2022
Hurricane futures will be relaunched next year as an alternative to traditional traded industry...
13 Sep 2022
Middle East crude prices Tuesday maintained the firm upwards trend, while HSFO differentials continued to fall amid...
13 Sep 2022
Gasoline feedstock low-sulphur vacuum gasoil (LSVGO) is seen increasingly heading into..
13 Sep 2022
Global scheduled airline seats dropped below the 97 million level for the first time since late May...
13 Sep 2022
Sales of bunker fuel out of the world’s biggest bunkering hub was broadly steady on the month amid collapsing...
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