Latest News

1 Oct 2024
Taiwanese oil refiners in August boosted their diesel exports even as crude throughput fell to a four-month low, according to...
30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
The average price for Middle East Dubai crude retreated in September, as concerns over the the global economy and strong hints that OPEC+...
30 Sep 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
30 Sep 2024
Crude and product prices were higher Monday as Middle East tensions ratcheted higher after Hezbollah's leader was killed in an Israeli airstrike...
30 Sep 2024
The US Federal Trade Commission (FTC) has approved Chevron's multi-billion takeover of upstream producer Hess...
30 Sep 2024
Around 45,000 union workers at seaports on the US East and Gulf Coasts are set to down tools having reached an injunction over pay...
30 Sep 2024
US crude output eased in July as Beryl slammed into Texas as the first of three hurricanes to make landfall so far this year...
30 Sep 2024
North American drilling activity eased slightly for a second week with oil leading the losses...
30 Sep 2024
Refined oil product sales in Japan rose in August on the back of strong summer appetite with the combined volume hitting a four-month high of...
30 Sep 2024
Libya's eastern parliament has approved a deal to appoint the head of its central bank...
30 Sep 2024
China kicked off its week-long national holiday this week with an estimated 1.94 billion journeys during the Golden Week...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
30 Sep 2024
Brazil's refined oil product demand hit a record high in August as gasoline, diesel and biofuel sales all jumped on the month...
30 Sep 2024
Preliminary figures released Monday by the Association of Asia Pacific Airlines (AAPA) showed a 22% increase in international passengers over...
30 Sep 2024
Operators in the Gulf of Mexico have resorted almost all of the oil and gas production that was taken offline as a precaution...
30 Sep 2024
Woodside Energy has completed the purchase of OCI Global's 1.1 million mt/year blue ammonia plant in Beaumont Texas...
30 Sep 2024
The speculative positioning on US gasoline futures appeared to have tilted more towards the bullish side last week amid a cocktail of supply concerns, including seasonal maintenance...
27 Sep 2024
UN talks on decarbonising the shipping sector made progress on some key strands this week, but uncertainty remains on the extent proposals will ever be legally binding...
27 Sep 2024
Crude futures fell Friday to help wipe out all the previous week's gains, with OPEC+ production quotas in focus...
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