Latest News

2 Nov 2022
US distillate stocks rose for a fourth straight week as slowing exports and rising production...
2 Nov 2022
US RBOB gasoline futures rallied 2.6% on Wednesday after US stocks fell for a third straight week...
2 Nov 2022
Commercial US crude oil stocks surprisingly fell in the final week of October even as exports slowed...
2 Nov 2022
Falling production knocked Venezuela's October oil exports to the fourth lowest monthly average this year...
2 Nov 2022
Dutch unions CNV and FNV are threatening to strike at BP’s Rotterdam refinery as it demands...
2 Nov 2022
Adnoc has awarded three further agreements valued at $4 billion to support its ambition of boosting crude oil production capacity to...
2 Nov 2022
Spanish gasoline demand hit a 13-year high in September as it seasonally eased from its August peak...
2 Nov 2022
Refining margins for residual fuels remained under pressure during trading on Wednesday, with broker data showing...
2 Nov 2022
Industrial action at TotalEnergies’ 240,000 bpd refinery in Gonfreville, near the port of...
2 Nov 2022
Middle East crude oil prices edged lower Wednesday as China showed no signs of Covid restrictions easing , while distillates values in Asia also came under pressure...
2 Nov 2022
Fuel oil stocks in Fujairah continued to build but overall inventories were lower after a big draw in the light...
2 Nov 2022
OPEC's crude oil output held steady last month after the group pledged a symbolic cutback of 100,0000 bpd...
1 Nov 2022
Crude oil futures Tuesday were higher with markets again torn between concerns over supplies ahead of further EU sanctions on Russia...
1 Nov 2022
Brent crude futures rose $2/b by the cash market close on Tuesday with January futures...
1 Nov 2022
India increased the export levies on jet fuel, diesel and crude oil exports to limit domestic energy...
1 Nov 2022
Imports of diesel into Brazil hit their highest level on record in the month of September...
1 Nov 2022
Russian crude oil exports could fall between 0.5 to 1 million bpd this winter after the EU import...
1 Nov 2022
The Dutch government is expected to raise an estimated €3.2 billion ($3.16bn) in additional tax...
1 Nov 2022
Refining margins for gasoline in Asia for December hit the lowest level on record on Monday...
1 Nov 2022
Investment bank Goldman Sachs reiterated its bullish outlook for crude Tuesday, maintaining a $115/b price target for Brent in the first quarter...
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