Latest News

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...
13 Sep 2022
The first transactions on the benchmark cash Brent contract have been concluded using the GT&Cs of oil major BP, in break from
13 Sep 2022
US oil output in the Permian Basin will hit an all-time high of 5.413 million bpd in October as production in the...
13 Sep 2022
OPEC+ producers subject to quotas raised their output by only 30,000 bpd in August and undershot their combined target...
12 Sep 2022
Crude oil futures Monday were climbing higher after recovering from earlier lows...
12 Sep 2022
Crude rebounded further on Monday as the market weighed up demand concerns...
12 Sep 2022
Two months after agreeing to explore price limits on Russian oil sales, G7 countries are still trying to recruit more countries to join...
12 Sep 2022
The spot east-west spread for cargoes of 380 CST high sulfur fuel oil slipped to fresh four-month lows at the start...
12 Sep 2022
Dutch TTF natural gas prices will likely come down significantly from their elevated levels as elevated storage...
12 Sep 2022
Thailand will extend subsidies for fuels including biofuels for an extra two years after an associated plan to reduce the...
12 Sep 2022
Investment bank UBS cut its Brent forecast by $15/b on Monday, citing lockdowns in China and resilient Russian exports...
12 Sep 2022
London’s financial markets will be closed on 19 Sept, following an announcement of a UK public holiday to mark the funeral of Queen Elizabeth II...
12 Sep 2022
Middle East crude prices continued to recover on Monday, with the moves weighing on middle distillate...
12 Sep 2022
Funds reduced net long positions on crude, gasoline and diesel last week, as Chinese demand concerns...
12 Sep 2022
Venezuela’s second largest refinery has suspended gasoline production following an internal electrical failure...
12 Sep 2022
Israel does not believe that Iran and international community will return to their nuclear deal before the November US midterm elections...
12 Sep 2022
North American drilling activity decreased slightly in the first full week of September, having registered...
9 Sep 2022
Light ends recovered this week as blending demand ticked up on the seasonal switch...
9 Sep 2022
Crude futures Friday were sharply higher, building on the previous-session's rebound, as focus flipped back to supply concerns...
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