Latest News
16 Oct 2024
Refined oil product stocks continued to recover for a fourth-consecutive week in Fujairah last week as a big build in residual fuel and middle...
15 Oct 2024
Australia's crude oil processing slumped in August amid refinery turnarounds that coincided with a fall in refined product imports, while...
15 Oct 2024
Benchmark crude oil futures continued their descent Tuesday, cascading on reports that Iranian oil infrastructure would remain unscathed...
15 Oct 2024
Crude oil futures were sharply lower amid reports that Israel will not target Iran's oil infrastructure, easing fears over the potential for...
15 Oct 2024
TotalEnergies has warned investors of underwhelming downstream results this quarter, citing weak refining margins that have gripped the...
15 Oct 2024
The regional spread between jet fuel prices in Asia and Europe narrowed to its smallest level in almost one-and-a-half years during trade...
15 Oct 2024
Australian refiner Ampol will perform additional maintenance at its Lytton refinery next month as it struggles with weak margins, with cracks...
15 Oct 2024
TotalEnergies is restarting units at two of its French refineries after completing scheduled maintenance...
15 Oct 2024
The diesel HOGO spread has surged near 2024-highs in recent sessions as US supply disruptions and refinery run cuts tighten the Atlantic market...
15 Oct 2024
September bunker fuel demand in the Middle Eastern oil trading hub at Fujairah came under downward pressure, with volumes booked...
15 Oct 2024
Service stations across Florida resumed operations Monday, loosening the grip of severe fuel shortages that the state has grappled with...
15 Oct 2024
Panama's bunker fuel sales dropped 3% in September from their August highs, slipping to 14,300 mt per day through the month...
15 Oct 2024
Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...
15 Oct 2024
Angola's crude oil output slipped 4% last month, with September crude production almost 50,000 bpd lower than in August at 1.12 million bpd...
15 Oct 2024
The IEA on Wednesday lowered its forecast for oil demand this year but raised its outlook for 2025...
15 Oct 2024
Middle East crude extended the early week losses Tuesday amid an eroding geopolitical risk premium while winter demand for kerosene...
15 Oct 2024
Shipments of gasoline to Nigeria slumped in the first two weeks of October, S&P Global Commodity Insights vessel-tracking data showed Tuesday...
15 Oct 2024
California Governor Gavin Newsom singed legislation Monday that could force the state's dwindling number of refiners to hold...
15 Oct 2024
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums set to ease...
14 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures retreated from recent highs Monday, unravelling the gains made towards the...