Latest News

5 May 2022
Technology company Swedish Biofuels has partnered with consulting group COWI to bring 400,000 mt of alcohol-to-jet...
5 May 2022
The OPEC+ producer group stuck to its planned crude oil output increase during its meeting on Thursday, announcing a widely expected 432,000 bpd increase...
5 May 2022
Russia’s crude oil and condensate output fell almost 9% month-on-month in April to 10.05 million bpd, according...
5 May 2022
Dubai crude oil prices rallied 2% Thursday, catching up with gains in Brent, while diesel cracks continued...
5 May 2022
Rallying diesel and gasoil prices across Europe have limited spot trading up and down the Rhine...
5 May 2022
Energy major Shell said it booked $9.1 billion of earnings in the first quarter of the year, up 43%...
5 May 2022
UK retail diesel and gasoline sales jumped 9.6% in the week to May 1, rebounding from...
5 May 2022
Tight distillate supply continued to weigh on the market with a big draw in Singapore leaving stocks at their...
5 May 2022
Japan's industry minister has expressed reluctance in following the European Union’s plans to ban oil imports from Russia due to...
5 May 2022
The United States is now preparing equally for both a scenario where there is a mutual return to compliance with Iran on a nuclear deal, as well as one in which...
4 May 2022
Crude oil futures Wednesday rallied sharply after European Commission President Ursula von der Leyen proposed new sanctions against Russia...
4 May 2022
The backwardation in European middle distillate markets fell sharply by the Wednesday close...
4 May 2022
US product oil product stocks rebounded to a one-month high by the end of April despite a slowdown...
4 May 2022
Norwegian energy major Equinor reported a record net operating income of $18.4 billion during...
4 May 2022
A wave of protests at key Libyan oil fields and ports last month have had only a limited direct...
4 May 2022
Austrian energy company OMV has teamed up with global jet fuel supplier Associated Energy Group to supply sustainable...
4 May 2022
The war in Ukraine and soaring inflation levels across most of the world are yet to impact...
4 May 2022
The price of diesel, jet fuel and gasoline relative to crude all hit their highest level in years on Wednesday as banks warn...
4 May 2022
OPEC+ sees a surplus of 1.9 million bpd in 2022, 600,000 bpd higher from its last forecast, amid expectations of slower demand growth...
4 May 2022
Dubai crude oil prices edged higher Wednesday following the four-day extended Singapore weekend...
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