Latest News

26 Sep 2022
Crude fell to fresh lows in a choppy opening session dominated by renewed concerns over the state of the world...
26 Sep 2022
Divisions between EU members over a plan to cap the price importers pay for Russian crude oil have widened...
26 Sep 2022
Heavily discounted Russian naphtha cargoes are being sold into East Asia on the condition of cash-only payments...
26 Sep 2022
Galp’s 226,000 bpd refinery in Sines is to close for 25 days of maintenance next month, the company confirmed...
26 Sep 2022
Thailand’s crude oil imports bounced 19% month-on-month in August, rebounding from July’s maintenance-afflicted...
26 Sep 2022
Brazilian oil and gas major Petrobras and Indian refiner IOC have struck a deal for the supply of up...
26 Sep 2022
High sulfur fuel oil cargo prices in Asia slumped to 16-month lows during trading on Monday, with prices under...
26 Sep 2022
Traders cut net long ICE gasoil positions by 29% last week to their lowest in almost two years as...
26 Sep 2022
Water levels on the Rhine River are set to surge this week following a deluge across southern...
26 Sep 2022
Middle East crude prices Monday retreated sharply, following the Brent fall from Friday and further losses Monday...
26 Sep 2022
Iraq started crude oil refining at Karbala Oil Refinery over the weekend, supplying refined products...
26 Sep 2022
Brent crude oil futures bounced around in a choppy session on Monday, closing lower again on the day by the European close after having...
26 Sep 2022
French energy major TotalEnergies will invest a further $1.5 billion dollars into expanding gas output from Qatar's huge North Field...
26 Sep 2022
Energy security will be the number one priority in the coming months and possibly years amid the growing energy crisis...
26 Sep 2022
UK-based oil majors Shell and BP called on the UK government to abandon two of six climate tests...
23 Sep 2022
Crude futures Friday were in retreat as oil markets headed for a fourth week of losses with stumbling economic growth again...
23 Sep 2022
Crude retreated over $4/b on Friday as bearish sentiment whipped through markets...
23 Sep 2022
European distillate refiner margins jumped nearly $7/b this week as hopes that China will...
23 Sep 2022
There are no plans for the US to limit oil product exports at present despite persistently high prices, energy...
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