Latest News

23 Jan 2025
Motiva has been forced to move back plans to carry out essential work on its gasoline-making FCC at the Port Arthur refinery...
23 Jan 2025
Eneos, Japan's largest oil refiner, has taken its 129,000 bpd crude distillate unit at the Chiba refinery offline for scheduled turnaround...
23 Jan 2025
China's state-owned oil producer CNOOC plans to boost oil and gas production to a record high in 2025, citing expectations for 5% economic...
23 Jan 2025
Light distillate stocks in Singapore fell for the second consecutive week as exports surged ahead of the Lunar New Year...
23 Jan 2025
Crude oil imports into Japan last month increased to the highest level in two years, while domestic refinery runs continued to recover...
23 Jan 2025
Australian refiner Ampol reported a recovery in refining margins at its Lytton refinery in Q4, with the margin improving to $4.60/b...
23 Jan 2025
US President Donald Trump on Wednesday warned Russia of fresh tariffs and sanctions unless President Vladimir Putin agrees to end...
23 Jan 2025
Ghana's state-owned oil marketing company GOIL remained the country's top refined products supplier in 2024 though its market share...
23 Jan 2025
Ghana's refined products demand hit a record high in 2024, reaching nearly 5.3 million mt/y and registering the largest year-on-year...
22 Jan 2025
Benchmark crude oil futures traced lower Wednesday as Trump's aggressive energy policy softened supply concerns, while LSGO cracks hit...
22 Jan 2025
Diesel cracks in northwest Europe fell for the fourth straight session Wednesday, as traders weigh the return of Red Sea shipping...
22 Jan 2025
Specialist freight insurers have cautioned that Red Sea transits remain at risk, despite the Houthis declaring a halt on attacks...
22 Jan 2025
Freezing temperatures have shuttered several units at Motiva's massive Port Arthur refinery, the company said Wednesday, adding to a...
22 Jan 2025
Quantum Commodity Intelligence - Saudi Arabia's crude exports ramped up over the month in November as domestic refinery run...
22 Jan 2025
Goldman Sachs has maintained its $76/b Brent forecast for 2025, but warned that prices may lose momentum in the coming months as...
22 Jan 2025
India's Minister for Petroleum and Natural Gas said the country will achieve 20% ethanol blending in gasoline next month...
22 Jan 2025
Winter Storm Enzo has shut in up to 160,000 bpd or 13% of oil production in the US state of North Dakota...
22 Jan 2025
Crude oil futures Wednesday were marginally lower as benchmarks finally steadied after several days of declines...
22 Jan 2025
United Airlines reported record fourth-quarter profits for 2024, driven by surging international travel demand and record passenger volumes...
22 Jan 2025
Warren Buffett's Pilot Company is shutting down its international oil trading business to concentrate on North American retail...
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