Latest News

31 Oct 2022
The global airline capacity fell to a near four-month low at the start of this week as European...
31 Oct 2022
France’s TotalEnergies announced the discovery of oil at a new well in the Sepia oil field offshore Brazil on Monday...
31 Oct 2022
Global CO2 emissions rose 2% year-on-year in the January-September period and were up 3%...
31 Oct 2022
Verisk Analytics has agreed to sell its energy consulting and research unit Wood Mackenzie...
31 Oct 2022
Japanese crude oil imports slipped back below 2019 levels in September, with the share of crude...
31 Oct 2022
Middle East crude oil prices retreated as demand concerns from China once again cast a shadow over...
31 Oct 2022
Oil is all Russia’s economy has left following its invasion of Ukraine earlier this year, according to Amos Hochstein...
31 Oct 2022
Russian oil output and exports were down again in October, with a marginal 0.2% drop in output recorded, according...
31 Oct 2022
The October monthly average price for benchmark Middle East Dubai crude was little changed versus the previous month...
31 Oct 2022
Investors rushed back into bullish crude positions last week on signs of firm...
31 Oct 2022
The world will lose 5 million barrels per day of oil  from current supplies if spending comes to a halt, Dr Sultan Al Jaber...
29 Oct 2022
Underlying volumes in the North Sea Dated Brent benchmark are set to ease in December, as production schedules settle into a regular pattern where...
29 Oct 2022
North American drilling activity fell for only the second time in seven weeks during the week ending October 28, oilfield services firm Baker Hughes reported...
28 Oct 2022
Gasoline rebounded after last week’s sharp sell-off as prompt supply concerns persist
28 Oct 2022
Brent crude oil gave up all of Thursday’s gains by the cash market close on Friday as demand...
28 Oct 2022
Crude oil futures Friday eased back from recent gains as China imposed Covid restrictions on a growing number of cities, but benchmark prices were still...
28 Oct 2022
European diesel refiner ended the week on a high as supply continues to remain tight even after...
28 Oct 2022
It was another week of only modest movements in the global residual fuel trade this week as a well-supplied...
28 Oct 2022
Indian crude imports fell to a 13-month low in September, according to government data...
28 Oct 2022
UK gas firm Centrica confirmed Friday it has reopened its giant Rough gas storage site off England's east coast, albeit at about 20%...
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