Latest News

10 Jan 2023
Scandinavian Airlines (SAS) flew almost 1.5 million passengers last month, the company said..
10 Jan 2023
Light-end refining margins reached their highest since mid-2022 this week on firm demand...
10 Jan 2023
Shipping giant Frontline has terminated plans to merge with rivals Euronav, with behind-the-scenes wranglings...
10 Jan 2023
Russia could adopt additional measures to moderate sharp discounts on Russian oil in order to more align prices to market values...
10 Jan 2023
Middle East crude oil prices Tuesday were lower after the late Brent losses following the Asian close in the previous session...
10 Jan 2023
Brazil's Mines and Energy Ministry has guaranteed domestic fuel supply after supporters...
9 Jan 2023
Crude oil futures Monday were higher as China ended its zero-Covid policy, although markets eased back from earlier highs amid broader...
9 Jan 2023
Backwardation in the European gasoil market nudged higher to a two-month high at the start of the...
9 Jan 2023
Russia has restored oil output at its Sakhalin-1 project after struggling with production following the exit of previous operator ExxonMobil...
9 Jan 2023
Global air cargo demand continued to slow in November with carriers further slashing available...
9 Jan 2023
India's refined product demand was up 4% on the month and 3% year-on-year in December at 19.6 million mt, as fuel oil...
9 Jan 2023
Lukoil has agreed to sell its 355,000 bpd ISAB refinery in Sicily to GOI Energy...
9 Jan 2023
Iraqi Minister of Oil, Hayan Abdul-Ghani, announced on Sunday that commercial production at the Karbala oil refinery will start mid-March...
9 Jan 2023
Goldman Sachs maintained its bullish view for crude prices this year, as China’s rapid move to...
9 Jan 2023
Marine traffic through the Suez Canal normalised on Monday morning after tug boats towed away....
9 Jan 2023
State-owned Kuwait Petroleum Corp plans to boost its diesel shipments to Europe by fivefold...
9 Jan 2023
Global airline capacity slid this week as a boom in domestic markets following the reopening...
9 Jan 2023
Chinese refiners have been issued a second set of crude oil import quotas, taking the total...
9 Jan 2023
QatarEnergy and Chevron Phillips Chemical announced they will construct a $6 billion petrochemicals ...
9 Jan 2023
Traders extended net long Brent crude positions in the first few days of 2023 as the outlook...
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