Latest News

2 Feb 2023
New sales of fossil-fuel-powered heavy-duty vehicles could be allowed up until 2040 according to a draft proposal for...
2 Feb 2023
Crude oil futures Thursday were drifting lower changed following another sharp retreat in the previous session to leave oil benchmarks...
2 Feb 2023
Belgian oil tanker giant Euronav posted better-than-expected Q4 results on Thursday thanks to rising freight rates...
2 Feb 2023
Oil and gas operators in the US emit methane at vastly different rates, as some operators have reduced emissions...
2 Feb 2023
January road fuel sales in the UK hit a three-year high, BEIS data showed Thursday...
2 Feb 2023
The price of jet fuel in dollars per barrel terms has trade above diesel for the first time since the...
2 Feb 2023
Diesel stored in the ARA region jumped 6% last week to its highest since last July...
2 Feb 2023
Goldman commodities traders racked up profits of over $3 billion in 2022...
2 Feb 2023
The front of the Eurobob gasoline forward curve flipped to contango yesterday as the M1...
2 Feb 2023
Russia’s crude and condensate production grew 2% year-on-year in 2022, rising to its highest level since 2019 despite...
2 Feb 2023
The extreme winter storm that has descended across he US has started a take a toll on the Texan energy sector, hitting power supplies and causing shut-ins....
2 Feb 2023
US upstream independent ConocoPhillips reported its highest ever full-year earnings of $18.7bn Thursday...
2 Feb 2023
The early-month rebound in Asia oil prices proved short-lived with crude gains registered...
2 Feb 2023
Austrian energy and chemicals company OMV reported a 53% jump in full-year profits to €4.4bn ($4.8bn) Thursday, despite a fall in fourth quarter earnings...
2 Feb 2023
Shell’s Q4 earnings beat analysts’ expectations with two-thirds of the profits made by its natural gas...
2 Feb 2023
A rebuild in oil product stocks from across the barrel in Singapore last week left inventories soaring to their...
2 Feb 2023
Global crude oil prices ticked higher in January after a sluggish start to 2023, with key benchmarks including Brent and Dubai posting comfortable gains of...
2 Feb 2023
Fuel shortages across Pakistan have started to bite after gasoline pumps ran dry in several regions...
1 Feb 2023
The rush to fill storage with relatively cheap Russian diesel before sanctions has alleviated immediate...
1 Feb 2023
European diesel and gasoil cracks dropped to a two-month low and backwardation eased as a rise...
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