Latest News
23 Oct 2024
Japan's refined oil product stockpile continued to swell last week amid poor demand despite refinery runs falling 3% on the week...
23 Oct 2024
South Korea has further extended its oil product sale tax cut until the end of this year as the policy marks its two-year anniversary but the rate...
22 Oct 2024
Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...
22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
22 Oct 2024
Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...
22 Oct 2024
A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...
22 Oct 2024
Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...
22 Oct 2024
The low-sulphur gasoil (LSGO) futures curve has flattened with forward months shifting into contango again for the first time in a month...
22 Oct 2024
US natural gas prices have found limited support during the early part of the week but front-line futures are still down by around 20% since...
22 Oct 2024
Tight nearby availability of high sulfur fuel oil in Southeast Asia has seen paper cracks bid up again during Tuesday's trading session...
22 Oct 2024
Equinor shutdown production at its Sleipner B platform Tuesday on reports of smoke coming from the unmanned North Sea natural gas facility...
22 Oct 2024
Sales of new hybrid electric vehicles accounted for almost a third of total EU new car sales in September, industry data showed Tuesday...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...
22 Oct 2024
China has issued a larger crude oil import quota for non-state importers at 257 million mt next year, equating to an average of 5.14 million bpd, the...
22 Oct 2024
Canadian crude shipped to the US via pipeline sank to a one-year low in August, official data showed Tuesday...
22 Oct 2024
China's diesel output leapt higher in September against the backdrop of a seasonal rise in demand as agricultural harvest and fishing...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...
21 Oct 2024
Shell said Monday there was no impact to operations after a pipeline at its Bukom refinery in Singapore spilled up to 40 mt...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...