Latest News

9 May 2022
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Monday the gap between crude prices and prices for jet fuel, diesel and gasoline...
9 May 2022
Norwegian natural gas exports are set to rise 8% on the year to 122 billion cubic metres (bcm)....
9 May 2022
Global crude oil trade flows are set for a major shift if the EU follows through on threats to embargo...
9 May 2022
The combined net length held by money managers trading the WTI and Brent crude oil...
9 May 2022
The European Union is set to weaken its sanctions package on Russian oil after a weekend of wrangling, though it aims to keep a key provision on shipping that would...
9 May 2022
Nigerian oil production in April fell to its lowest level so far this year as an ongoing force majeure...
9 May 2022
Middle East crude oil prices opened the week little changed as traders digested the Saudi OSPs for June, while...
9 May 2022
Crude oil imports into China rose 7% on the year in April, with reaching 10.47 million bpd...
9 May 2022
The force majeure declared by Anglo-French energy company Perenco at the Cap Lopez oil...
9 May 2022
Nigerian airlines have called off plans to suspend all local flights due to soaring jet fuel prices...
9 May 2022
Japan will slowly phase out oil imports from Russia while maintaining its interests in oil and gas projects in the Russian Far East...
9 May 2022
Saudi Aramco has sharply cut its Official Selling Prices (OSPs) for June-loading crude oil for Asia, after backwardation in the underlying Dubai...
9 May 2022
ADNOC has reduced OSPs for May-loading crude, with its flagship Murban crude set at $104.58/b, down...
6 May 2022
Crude oil futures Friday were trading higher as the EU continued to work on its sanctions package against Russia that will likely have a major impact on...
6 May 2022
Brent crude oil futures rose $2/b on the day, shrugging off reports that the EU is likely...
6 May 2022
European diesel prices fell for the first week in four last week despite crude posting gains...
6 May 2022
Fuel oil refining margins eased off from their recent highs in a shortened trading week that saw four...
6 May 2022
The European Commission has proposed changes to its planned embargo on Russian oil to give more time to...
6 May 2022
South Korean mobility rocketed in April as Covid restrictions were phased out, against a backdrop of a continued...
6 May 2022
Deliveries of road fuels narrowed their gap to pre-Covid levels in April after the state issued a...
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