Latest News

22 Oct 2024
Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...
22 Oct 2024
The low-sulphur gasoil (LSGO) futures curve has flattened with forward months shifting into contango again for the first time in a month...
22 Oct 2024
US natural gas prices have found limited support during the early part of the week but front-line futures are still down by around 20% since...
22 Oct 2024
Tight nearby availability of high sulfur fuel oil in Southeast Asia has seen paper cracks bid up again during Tuesday's trading session...
22 Oct 2024
Equinor shutdown production at its Sleipner B platform Tuesday on reports of smoke coming from the unmanned North Sea natural gas facility...
22 Oct 2024
Sales of new hybrid electric vehicles accounted for almost a third of total EU new car sales in September, industry data showed Tuesday...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...
22 Oct 2024
China has issued a larger crude oil import quota for non-state importers at 257 million mt next year, equating to an average of 5.14 million bpd, the...
22 Oct 2024
Canadian crude shipped to the US via pipeline sank to a one-year low in August, official data showed Tuesday...
22 Oct 2024
China's diesel output leapt higher in September against the backdrop of a seasonal rise in demand as agricultural harvest and fishing...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...
21 Oct 2024
Shell said Monday there was no impact to operations after a pipeline at its Bukom refinery in Singapore spilled up to 40 mt...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...
21 Oct 2024
Naphtha margins are set to come under increasing pressure in Asia as downstream demand wobbles, a move that should...
21 Oct 2024
Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...
21 Oct 2024
Portuguese oil product demand was sharply higher last month as both gasoline and diesel recorded strong growth on the year...
21 Oct 2024
Structure in the Asian middle distillates forward market has started to normalise after a bruising summer, with a supply overhang...
21 Oct 2024
North American drilling activity was marginally larger as the rig count dipped for a fourth week in the last five...
21 Oct 2024
Egypt has lowered its 2040 renewable energy targets from 58% to 40%, Petroleum Minister, Karim Badawi said Sunday, with natural gas...
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