Latest News

19 May 2022
China may look to Russia to help restock its strategic oil reserve by taking advantage of barrels no longer...
19 May 2022
The government of Panama has announced plans to construct a 180,000-bpd biorefinery to...
19 May 2022
Crude oil futures rebounded Thursday, coming under upwards pressure from China's tentative reopening...
19 May 2022
Jet fuel prices relative to crude have retreated sharply in the past few days despite rising demand...
19 May 2022
Air cargo companies IAG Cargo and Kuehne + Nagel have committed to buying 8 million...
19 May 2022
Abu Dhabi National Oil Company (ADNOC) announced Thursday three new oil discoveries, providing a boost to reserves, including the flagship Murban...
19 May 2022
Demand for jet fuel in Italy rose by almost a third in April compared to a month earlier, while...
19 May 2022
Asian crude prices retreated sharply Thursday, broadly in line with the global crude selloff, while distillates...
19 May 2022
Personal mobility in and around China’s biggest cities – a proxy for real-time diesel and gasoline....
19 May 2022
Retail gasoline sales in the UK fell to a one-month low by May 15 after retail prices neared a...
19 May 2022
Residual fuel stocks in the Singapore bunkering hub were up by 1.31 million barrels last week while light...
19 May 2022
Saudi Aramco's trading arm ATC is set to start loading ultra-low sulfur diesel (ULSD) cargoes for May and June...
19 May 2022
Russia’s crude oil production will go down by 10.25% in 2022 compared with last year, remaining below the 2021 level until at least...
18 May 2022
Crude futures gave up two days’ worth of gains in trade on Wednesday as broader...
18 May 2022
Crude oil futures came under strong selling pressure in US trading hours Wednesday, as oil markets followed the weaker trend in equities...
18 May 2022
An ongoing shortage of distillates in the Asian market as the trade reconfigures itself to tight supply out of Russia...
18 May 2022
The European Commission's RePowerEU plan to wean the EU off of Russian energy will see hydrogen use in transport in 2030...
18 May 2022
Europe’s natural gas storage inventories continue to rise at some of the fastest rates on record as Europe attracts an influx of...
18 May 2022
Sri Lanka is bracing for a sovereign default as a mounting debt crisis takes its toll on the south Asian...
18 May 2022
The EU Commission released its plan to phase out dependency on Russian fossil fuels, including...
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