Latest News

26 Mar 2025
Dubai crude extended gains against Brent this week, lifted by tightening sour supply as the market prepares for the impact of US...
26 Mar 2025
Brent crude futures were edging higher as API reported a draw in US inventories, with the market weighing a ceasefire...
26 Mar 2025
Distillate fuel oil inventories in the US declined for the fourth consecutive week last week, data from the Energy Information Administration (EIA)...
26 Mar 2025
US refiner Phillips 66 on Wednesday responded to a legal challenge brought by activist investor Elliott Management...
26 Mar 2025
US gasoline inventories were seen lower for the fourth straight week on Wednesday, as refinery issues in California...
26 Mar 2025
Commercial US crude inventories declined for the first time since February as exports remained robust for a second week...
26 Mar 2025
Mexico's gasoline imports slumped to their lowest levels in four years in February, buoyed by higher refined product output, which was up 2%...
26 Mar 2025
European air travel increased 3% to 26,592 daily flights last week, according to data published on Wednesday by Eurocontrol...
26 Mar 2025
Barging rates in Western Europe continued to strengthen this week as rising cargo demand and tight barge availability drove prices higher...
26 Mar 2025
The UK government is defending a fresh High Court challenge to its North Sea oil and gas licensing policy as environmental...
26 Mar 2025
Argentina's road fuel demand inched higher in February, supported by a rebound in diesel and modest gains in gasoline...
26 Mar 2025
Middle East crude markets were steady Wednesday, consolidating at monthly highs, while distillate cracks bounced to a two-week high...
26 Mar 2025
Activist investor Elliott Management has filed a lawsuit against US oil refiner Phillips 66 to try and force through leadership changes...
26 Mar 2025
Nigeria's Dangote refinery is reportedly bringing online a gasoline-boosting alkylation unit at the 650,000 bpd mega plant...
26 Mar 2025
Oil product inventories at the Port of Fujairah fell by 11% last week to 19.4 million barrels as exports picked up and inflows slowed...
26 Mar 2025
Japan's gasoline inventories fell to the lowest level since August last week as refinery maintenance curbed output ahead of peak spring...
25 Mar 2025
US commercial crude oil stockpiles fell as did refined products for the week ending March 21, according to the industry...
25 Mar 2025
Six Native American tribes have withdrawn from a federal environmental review of Enbridge's Line 5 pipeline project in Michigan, citing...
25 Mar 2025
Shell plans to grow LNG sales and keep oil output steady as it shifts focus to high-return hydrocarbons and a simplified...
25 Mar 2025
Crude slipped Tuesday as the market weighed more US sanctions on Venezuela and a breakthrough in Russia-Ukraine peace talks...
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