Latest News

18 Sep 2024
Norway now has more electric vehicles (EV) on its roads than gasoline-powered vehicles, marking a historic milestone in the nation's drive to...
18 Sep 2024
East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...
18 Sep 2024
India's government has scrapped a windfall tax on domestic crude oil production, effective Wednesday...
18 Sep 2024
Motor Oil said Wednesday it had extinguished a fire at its 200,000 bpd Agioi Theodoroi refinery near Athens...
18 Sep 2024
EU tariffs on Chinese electric vehicle (EV) imports will significantly disrupt future trade and investment between the two markets, according...
18 Sep 2024
A major storm is on track to hit China's east coast on Thursday, marking the second of its kind in one week to pose a threat to energy logistics as...
18 Sep 2024
Fuel oil stocks in Fujairah fell back from last week's three-month highs as prices hit their lowest since December, with refined...
18 Sep 2024
China's diesel exports in August rebounded sharply on the back of sluggish domestic industrial activities while outflows across the rest of the...
18 Sep 2024
Japan's crude oil imports in August remained significantly weaker than last year as poor margins continued to cap...
18 Sep 2024
US crude oil inventories posted a steeper-than-expected build for the week ending 13 September, while product stockpiles also increased...
17 Sep 2024
Crude oil futures Tuesday were moving higher after benchmarks initially consolidated early-week gains on hopes that the US Fed...
17 Sep 2024
Crude and European product prices were little moved Tuesday as the market waits for the US Federal Reserve's decision on interest rates...
17 Sep 2024
The world's cheapest natural gas is set to get a little more expensive with a supplementary pipeline in Texas providing a new gateway...
17 Sep 2024
Weak gasoil prices around the world are flipping typical trades on their head in the middle distillates market, with jet fuel trading...
17 Sep 2024
South Sudan has agreed a deal with its neighbour Sudan to resume oil exports after repairing a vital pipeline...
17 Sep 2024
Battery electric vehicle (BEV) manufacturers have a clear path to achieve EU targets, according to latest analysis from Transport and Environment...
17 Sep 2024
At least two European refiners were heard to have cut runs this week as producers struggle with oversupply and weak margins...
17 Sep 2024
China's state-owned oil refiner Sinochem has declared bankruptcy for two subsidiary refineries, the latest sign of an ongoing industry...
17 Sep 2024
The UK oil and gas industry is set to meet emission targets ahead of the 2030 deadline, representatives of North Sea oil and gas...
17 Sep 2024
East of Suez crude prices edged higher Tuesday although Asian markets were largely following western benchmarks ahead of the US rate...
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