Latest News

26 Jun 2024
US commercial crude oil inventories unexpectedly increased last week as refinery throughputs eased for a second week...
26 Jun 2024
Italy’s Prime Minister Giorgia Meloni said Wednesday the government should work to fix the upcoming EU ban on the sale of new internal...
26 Jun 2024
US middle distillate stocks were down about 380,000 barrels last week at 121.3 million barrels, with EIA data showing the fall coming as...
26 Jun 2024
US gasoline inventories rebounded last week as implied demand fell back below 9 million bpd, while output swelled even as refinery runs...
26 Jun 2024
Operations at Nigeria's huge 650,000 bpd Dangote refinery are normal after a minor fire broke out at a unit treating...
26 Jun 2024
Australian gasoline sales slumped in April, with monthly government data showing deliveries dropping about 6% on the month to...
26 Jun 2024
US energy firm Sempra has entered into a deal with Saudi Aramco to sell 5 million mt per annum of LNG from the Port Arthur LNG Phase...
26 Jun 2024
ExxonMobil’s French subsidiary Esso is in the process of restarting an unspecified unit at its 140,000 bpd Fos-sur-Mer refinery...
26 Jun 2024
East of Suez crude prices Wednesday were lower, tracking the Brent losses in the previous 24 hours, a move that was enough to push middle...
26 Jun 2024
ExxonMobil has warned it may be forced to shut its 200,000 bpd Gravenchon oil refinery on the French Atlantic coast...
26 Jun 2024
US crude oil inventories posted an unexpected build for the week ending 21 June, while gasoline stocks were also higher...
26 Jun 2024
Refined product stocks in Fujairah inched higher last week as a build in residual fuel and light end stocks was offset by a pull on middle....
26 Jun 2024
Russia’s Lukoil has restarted a crude-distillation unit (CDU) at its 300,000 bpd Norsi refinery in Nizhny...
26 Jun 2024
Egypt has started importing fuel oil to boost power generation and avoid rolling blackouts that have plagued the country...
26 Jun 2024
PetroChina's US trading arm has been fined $14.5 million by authorities over violations of export regulations, the Department of Justice...
26 Jun 2024
Refined oil product stocks in Japan retreated last week as stronger demand ahead of the peak summer season outweighed domestic output...
25 Jun 2024
The government of Trinidad & Tobago is in talks with several interested parties to restart the Pointe-a-Pierre oil refinery which has been mothballed...
25 Jun 2024
Crude futures slipped Tuesday but remained close to recent highs as geopolitical tensions weighed up against returning...
25 Jun 2024
Crude oil futures Tuesday were easing back from earlier highs, although benchmarks have largely consolidated at the top end of the two-month trading range.....
25 Jun 2024
Argentina’s gasoil sales continued to pick up through May and hit their highest levels since November, although overall refined...
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