Latest News

7 Feb 2024
US crude oil production growth is set slow dramatically in 2024 after another year of stellar growth in 2023...
7 Feb 2024
US crude oil stocks posted a lower-than-expected build for the week ending 2 February, while the increase in gasoline inventories was largely offset...
6 Feb 2024
Oil markets are betting on a resumption of normal trade in the Red Sea by June...
6 Feb 2024
The cost to ship goods along the entire length of the Rhine River has plunged to pandemic levels on muted logistics demand while...
6 Feb 2024
Quantum Commodity Intelligence –Brent crude was higher Tuesday on renewed...
6 Feb 2024
Crude oil futures were higher for a second session on Tuesday as markets comfortably consolidated early-week gains...
6 Feb 2024
Indian LNG buyer Petronet was poised this week to sign a multi-billion dollar deal to extend its Qatari LNG import deal until 2048...
6 Feb 2024
Japanese trading firm Mitsui will initially maximise the use of LNG as a fuel to propel its fleet and shift gradually to other...
6 Feb 2024
BP’s Whiting refinery still shut after power loss, cause unknown
6 Feb 2024
Logistical challenges caused by security risks on the Red Sea are driving demand for vessel bunkering in other parts of the Middle East...
6 Feb 2024
India will raise its domestic refinery capacity to around 9 million bpd by the end of the decade...
6 Feb 2024
TotalEnergies has restarted all but one production unit at its 238,000 bpd refinery in Port Arthur refinery in Texas nearly...
6 Feb 2024
BP will adopt a pragmatic approach to its investment decisions with regards to the energy transition...
6 Feb 2024
Quantum Commodity Intelligence – East-of-Suez oil prices posted gains for the first time in nearly a week as refiners welcomed Saudi’s latest OSP release, and...
6 Feb 2024
TotalEnergies made another oil discovery offshore Namibia although further drilling will be required to ascertain if the find is commercially viable...
6 Feb 2024
Global oil markets will flip into a supply deficit by the end of 2025 as replacement barrels lag behind firming demand...
6 Feb 2024
Quantum Commodity Intelligence – The biggest oil refining and petrochemical complex in Malaysia has been shut due to...
5 Feb 2024
Crude oil futures Monday were climbing higher, recovering slightly after heavy losses from the previous week as investors wait for...
5 Feb 2024
Quantum Commodity Intelligence – Brent crude futures dipped in a flat opening session Monday, while product cracks ticked higher, led by gasoline
5 Feb 2024
Saudi Aramco has left its OSP for the flagship Arab Light crude for March loading unchanged for customers in Asia...
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