Latest News

9 Sep 2022
Crude rebounded in trade on Friday, but remained a long way off three figures and all eyes are on OPEC...
9 Sep 2022
Cash differentials in the Asian high sulfur fuel oil markets for 180cst and 380cst diverged on...
9 Sep 2022
Personal mobility in and around the biggest cities in China has slumped by about 20% in the first week...
9 Sep 2022
Low sulfur gasoil futures broadly flatlined this week versus a declining crude complex, although...
9 Sep 2022
Nigerian crude oil production in August fell below 1 million bpd for the first time since early 1983...
9 Sep 2022
Malaysia’s output of diesel reached an eight-month high in July and LNG topped 3 million mt...
9 Sep 2022
Middle East benchmark Dubai crude retreated by more than 4% the week ending 2 September, as global crude markets reacted to...
9 Sep 2022
Vietnamese crude oil imports in August were at their highest in at least the past three years...
9 Sep 2022
Middle East crude prices Friday rebounded from the seven-month lows registered this week, while gasoil cracks failed...
9 Sep 2022
Gasoil inventories in the ARA region this week fell for the first time since the end of July...
9 Sep 2022
Abu Dhabi National Oil Co. (Adnoc) and ExxonMobil are exploring a major expansion of the giant Upper Zakum oil field that might push it well above...
9 Sep 2022
Libya's recovery, along with growth by core Gulf members, drove OPEC+ crude production in August to its highest level since April 2020...
9 Sep 2022
China will tighten Covid-19 restrictions on domestic travel from Saturday until the end of October, covering two public holiday periods and the ruling Communist Party’s...
9 Sep 2022
Qatar became the latest National Oil Company (NOC) to sharply cut October official selling prices (OSPs) for Asian refiners
9 Sep 2022
Oil and gas companies are spending only a small amount of their capital expenditure budgets on low-carbon investments this year, despite…
9 Sep 2022
The US Biden administration is not discussing whether to unleash another round of emergency oil from the national stockpile at this time...
8 Sep 2022
Crude oil futures Thursday were cautiously higher, recovering from the seven-month lows...
8 Sep 2022
Crude slipped to a fresh eight-month low on Thursday and product cracks fell, as US stocks..
8 Sep 2022
Inventories of crude, gasoline and diesel all rose in the last week of the official driving season...
8 Sep 2022
Bankruptcy proceedings against the Nord Stream 2 gas pipeline operator, Nord Stream 2 AG, has been suspended for another four months...
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