Latest News

8 Sep 2022
Bankruptcy proceedings against the Nord Stream 2 gas pipeline operator, Nord Stream 2 AG, has been suspended for another four months...
8 Sep 2022
Nigerian oil workers are threatening to shut down operations if the government doesn’t step up...
8 Sep 2022
New UK Prime Minister Liz Truss presented formally her plan to tackle the energy crisis in the UK...
8 Sep 2022
Spanish gasoline deliveries jumped to a fresh multi-year high in August, recovering from weaker...
8 Sep 2022
An increasingly tight diesel market will keep refineries running full-out for the rest of the year...
8 Sep 2022
Abu Dhabi National Oil Co. (ADNOC) has cut Official Selling Prices (OSPs) for October-loading crude, with its flagship Murban grade set at
8 Sep 2022
Middle East crude prices Thursday slumped for a third day although Dubai flipped back above...
8 Sep 2022
Inventories of residual fuels in Singapore sharply last week after chalking up big rises in the...
8 Sep 2022
A lack of adequate LNG tankers due to surging demand for the fuel, particularly from Europe in the wake of a power crunch and limited supplies...
8 Sep 2022
A revived nuclear deal between Iran and world powers is off the table and will not be signed in the foreseeable future...
7 Sep 2022
Crude oil futures Wednesday tumbled to seven-month lows as recessionary fears returned as the primary driver of market sentiment...
7 Sep 2022
Diesel futures defied the laws of gravity on Wednesday, rising against a falling crude and gas complex.
7 Sep 2022
New UK Prime Minister Liz Truss told Parliament she wants to see more North Sea oil and gas production to bolster energy security, but also faced calls to tackle...
7 Sep 2022
High-sulphur fuel oil (HSFO) in northwest Europe is now more than $50/mt above the Mediterranean...
7 Sep 2022
Diesel demand in India has fallen to the lowest level in 13 months, according to government...
7 Sep 2022
S&P Global Commodity Insights (Platts) will include the NuStar Corpus Christi, Texas North Beach terminal as a loading terminal for WTI Midland crude oil in its Dated Brent...
7 Sep 2022
President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed, while adding Russia is ready to supply gas via...
7 Sep 2022
Japanese refiners ramped up output of middle distillates to a six-month high by the start of...
7 Sep 2022
Spain’s Repsol has sold 25% of its upstream unit to US institutional investor EIG for $4.8 billion...
7 Sep 2022
Chinese crude oil imports recovered in August after hitting pandemic lows during June and July...
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