Latest News

19 Mar 2025
US gasoline stocks were seen down for the third straight week on Wednesday, as lower refinery runs and higher exports outpaced a...
19 Mar 2025
California refineries processed slightly less foreign crude oil in the last quarter of 2024 than in Q3 though overall the US' third-largest...
19 Mar 2025
US distillate fuel stocks dropped to their lowest levels since November last week as refinery turnarounds butted up against higher...
19 Mar 2025
Nigeria's government has declared a state of emergency in Rivers State after explosions halted loadings on the Trans-Niger pipeline (TNP)...
19 Mar 2025
Ecuador has resumed shipments of its flagship Oriente crude on the Trans-Ecuadorian pipeline (SOTE) after its state oil company...
19 Mar 2025
Norway's Equinor has made the first sale of crude from the Johan Castberg field, with production finally set to start next month after multiple...
19 Mar 2025
Export flows of Iranian crude oil have continued despite the latest round of US sanctions as Tehran continues to attract more vessels to join...
19 Mar 2025
Middle East crude prices eased back Wednesday amid the broader crude selloff, a move that helped the distillates market manage to...
19 Mar 2025
European chemical firms LyondellBasell and Covestro have announced the permanent closure of a styrene monomer...
19 Mar 2025
Swedish biofuel sales in gasoline hit a four-month high in January with ethanol making up a large portion, while demand for pure renewable diesel...
19 Mar 2025
"Carbon neutral" liquefied natural gas deals have fallen to almost zero in recent months after a brief spike in 2021-2022 and can now be...
19 Mar 2025
Japanese production of aromatics products last month hit the lowest level since records began in the late 1990s amid an ongoing industry reshuffle...
19 Mar 2025
Canada's Suncor and Imperial Oil have both shut units at their Sarnia refineries for planned maintenance, expected to last into April...
19 Mar 2025
A Ukrainian drone attack early Wednesday ignited a fire at the Kavkazskaya oil transhipment facility in Russia's Krasnodar region just hours...
19 Mar 2025
The slump in European gas inventories following a relatively cold winter and the loss of Russian pipeline gas threatens restocking targets...
19 Mar 2025
Oil product inventories at the Port of Fujairah surged last week, reaching their highest level since April 2024...
19 Mar 2025
Chinese gasoline exports dropped significantly last month as the surge in domestic road travel demand capped shipments to the international market...
19 Mar 2025
CMA CGM has renewed an agreement with the Maritime and Port Authority of Singapore (MPA) to advance sustainable shipping and innovation...
19 Mar 2025
Japan's crude oil imports fell sharply last month amid the start of the turnaround season, with refiners lowering their crude buying target months...
19 Mar 2025
Goldman Sachs said the oil market remains fixated on downside pricing and low volatility and is underpricing the possibility of higher...
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