Latest News

2 Apr 2025
Asia's month-ahead naphtha crack slipped to a more than two-month low this week, as rising regional imports...
2 Apr 2025
Biofuels will remain the primary marine decarbonisation solution over the long-term, a new study by Eni, Fincantieri and Rina showed...
2 Apr 2025
Nigeria's government on Wednesday ousted the chief executive of state-owned NNPC Mele Kyari, alongside the chairman and rest of the...
2 Apr 2025
Crude oil output from core OPEC members eased slightly in March with Iraq and Nigeria leading the cuts, according to a Bloomberg survey...
2 Apr 2025
Tightening US sanctions against Iran and Venezuela threaten to reverse recent production gains, analysts at Saxo warned on Wednesday...
2 Apr 2025
Dubai crude ramped up to five-week highs Wednesday amid the feared crunch on sour crude supplies, while naphtha cracks and diffs...
2 Apr 2025
Russian oil pipeline operator Transneft suspended oil loadings at a single mooring at the Black Sea port of Novorossiysk for 90 days on...
2 Apr 2025
Global demand growth for high sulfur fuel oil (HSFO) could slow during the peak power generation season this year as Egypt...
2 Apr 2025
Goldman Sachs warned on Tuesday that potential US tariffs on oil imports could push up fuel prices and refining margins, even as markets show little sign of pricing in the risk...
2 Apr 2025
Oil product inventories at the Port of Fujairah surged 26% last week to 24.3 million barrels, the highest level in almost two years...
2 Apr 2025
Iran could maintain a stable crude oil output even if the nuclear negotiations with the US fall apart, triggering the Trump administration to impose...
2 Apr 2025
India's consumption of key transport fuels climbed in March, with gasoline demand rebounding from a two-month slump and LPG...
2 Apr 2025
Turkey's seaborne crude oil imports recovered from January's three-month lows and were marked 2% higher on the year in...
2 Apr 2025
Gasoline stocks in Japan rebounded sharply last week, even as domestic product output was down due to refinery outages, according to the...
1 Apr 2025
Discounts for Western Canadian Select (WCS) crude for May supply have tightened to a multi-year high amid strengthening demand...
1 Apr 2025
US commercial crude oil stockpiles swelled while fuel stocks sank for the week ending March 28, according...
1 Apr 2025
Tanzania will import roughly 394,000 mt of refined products in May, its lowest monthly purchase in 15 months...
1 Apr 2025
Alaska North Slope crude production this year is surpassing year-ago levels for the first time in seven years...
1 Apr 2025
Benchmark crude oil futures extended gains Tuesday as increasing Western pressure on global oil supply coincided with improving...
1 Apr 2025
European natural gas futures were sharply higher on Tuesday as the prospect for a ceasefire between Russia and Ukraine dimmed further...
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