Latest News

3 Oct 2024
Powerful typhoon Krathon has made landfall in southern Taiwan, bringing heavy rains and strong winds with it, local government warned...
3 Oct 2024
Canada's Suncor Energy will shut its 137,000 bpd Montreal refinery on 7 October for planned maintenance...
3 Oct 2024
Stocks of light distillates in Singapore grew for the second consecutive week to 15.31 million barrels last week, the highest last seen in...
3 Oct 2024
OPEC's crude output in September tumbled nearly 500,000 bpd after the slump in Libyan output, but Iraq continued to pump way above...
3 Oct 2024
OPEC late Wednesday refuted a Wall Street Journal article that claimed Saudi Arabia had warned members that prices could drop...
3 Oct 2024
TotalEnergies has shut an unspecified unit at its 240,000 bpd Gonfreville refinery for maintenance
2 Oct 2024
Crude and products slipped Wednesday as markets reacted to Iran's missile strike overnight on Israel...
2 Oct 2024
US commercial crude oil inventories posted an unexpected increase for only the eleventh build in the past 14 weeks as stockpiles climbed...
2 Oct 2024
Crude oil futures rowed back from the session's one-month highs which followed Iran's missile attack on Israel, but markets remained on edge...
2 Oct 2024
US inventories of distillate fuels slumped to their lowest levels in 13 weeks, latest weekly data from the Energy Information Administration (EIA)...
2 Oct 2024
US gasoline stocks rebounded last week as demand slumped nearly 700,000 bpd in between two hurricanes...
2 Oct 2024
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) concluded its 2 October meeting but again focusing on compliance levels...
2 Oct 2024
The European commission is set to add to tariffs imposed on Chinese EVs last month in a bid to shield domestic manufacturers from...
2 Oct 2024
Saudi Arabia's energy minister sent a warning shot to OPEC+ coalition members that have been persistently producing above quota...
2 Oct 2024
The OPEC+ producer group is performing a noble job in balancing oil markets and managing price stability, UAE Energy Minister...
2 Oct 2024
Spanish road fuel demand was up sharply on the year in August as summer travel demand reached its seasonal peak...
2 Oct 2024
Chevron resumed production at the Tamar and Leviathion natural gas platforms offshore Israel on Wednesday...
2 Oct 2024
East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...
2 Oct 2024
The seasonal decline in air travel demand accelerated last week in Europe with summer holidays wrapped up...
2 Oct 2024
Crude oil output in the Canadian province of Alberta reached its highest level so far this year in August...
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