Latest News
7 Apr 2025
China's LPG demand could fall sharply in the short term due to the escalated tit-for-tat trade spat between Beijing and Washington, with all...
7 Apr 2025
Neste has announced it has completed its staff cutbacks of 510 positions globally as part of its performance improvement program it launched...
7 Apr 2025
Goldman Sachs has trimmed their crude oil price forecast further following heavy market selloffs towards the end of last week as the risk of...
7 Apr 2025
Crude oil investors remained bullish at the turn of the month as traders piled into long positions Brent and WTI futures positions as...
4 Apr 2025
US rotary drilling activity fell for a second week after explorers in the Permian Basin took down more..
4 Apr 2025
US crude flows to China could slip if Beijing proceeds with its planned 34% tariffs on American goods...
4 Apr 2025
The week's sharp crude losses extended into Friday after China retaliated to US tariffs with sweeping levies of its own,...
4 Apr 2025
Benchmark crude oil futures were down another 6.2% on Friday as China unveiled tariffs of its own against the United States, while rising OPEC+...
4 Apr 2025
Rhone Energies said Friday it was restarting a refinery unit after completing maintenance at its 140,000 bpd...
4 Apr 2025
Weekly US natural gas inventories increased for a third week as steadily rising temperatures across the country...
4 Apr 2025
Diesel margins in the West of Suez market fell to the lowest levels of the year this week as Washington's belligerent protectionist policies...
4 Apr 2025
Singapore HSFO cash differentials plunged to their lowest level in nearly a year this week, leading losses across the fuel oil complex...
4 Apr 2025
The owners of Colonial Enterprises, which operates the Colonial pipeline, America's largest fuel...
4 Apr 2025
Prices cratered and transatlantic arbs slammed shut this week as traders tried to assess the implications
4 Apr 2025
BP's chairman Helge Lund is set to resign next year, the company announced Friday, as it continues on its "strategy reset" with...
4 Apr 2025
Middle East crude prices ended the week sharply lower as the month-long rally came to a shuddering halt, hit by the double whammy of...
4 Apr 2025
East of Suez crude oil prices were spiralling lower Friday amid the double hit from tariffs and higher OPEC+ output, with product flat prices...
4 Apr 2025
China will add a 34% tariff on all products imported from the US starting 10 April in response to the duties imposed by the Trump administration...
4 Apr 2025
Citi has cut its 2025 global oil demand growth forecast, warning that sweeping US tariffs are dragging on economic momentum just...
4 Apr 2025
ExxonMobil expects a sharp boost to first quarter earnings from higher oil and gas prices, as well as firmer refining margins.