Latest News

21 Aug 2023
North American drilling activity slumped to a 17-month low, dropping for a sixth consecutive week...
21 Aug 2023
Asian crude prices Monday were higher for a second session as prices rebounded on demand optimism, while middle...
21 Aug 2023
Traders hiked bullish bets on diesel, gasoline and Brent crude last week as supply issues pushed product...
21 Aug 2023
Russia retained its position as a top crude oil exporter to...
18 Aug 2023
Brent crude oil futures posted their first bearish week in the past eight as worries about China’s post-Covid recovery...
18 Aug 2023
Tight supply of HSFO kept cracks elevated and backwardation steep through the week as the drop in crude oil prices...
18 Aug 2023
European gasoline cracks hit a 13-month high this week as exports continued to find new homes in...
18 Aug 2023
Lower refinery runs in the Mediterranean, coupled with higher freight rates, helped to sustain...
18 Aug 2023
Brazilian and Thai petrochemical companies Braskem and SGC Chemicals have formed a joint venture aiming to build a...
18 Aug 2023
The six-week-long rally that boosted Middle East and Asian crude oil markets by 17% since the start of July came to a...
18 Aug 2023
Asian crude prices Friday edged up following a run of five straight losses, while...
18 Aug 2023
Natural gas storage in Europe topped 90% well ahead of the EU’s target, but European gas prices...
18 Aug 2023
India's government has told state-owned oil companies to find a way to blend ethanol into diesel to meet its 5% biofuel target...
18 Aug 2023
QatarEnergy has awarded its monthly Al Shaheen tender for October loading, with premiums...
18 Aug 2023
Kazakhstan could redirect its crude exports to Russia’s Baltic ports if the situation in the Black Sea...
18 Aug 2023
China’s diesel exports soared in July despite a lower...
18 Aug 2023
Oil benchmarks were moving sideways but remained on course to end a winning streak of seven straight weekly gains...
17 Aug 2023
Brent crude oil futures snapped a three-day losing streak and rallied over 1.5% Thursday after the...
17 Aug 2023
Oil futures Wednesday were consolidating after the week’s sharp losses, as fears over an extended period of higher US rates added to this week’s sluggish data from China...
17 Aug 2023
Gasoline stocks in the ARA port hub jumped 10% this week to hit a near five-month high on slowing exports...
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