Latest News
18 Mar 2025
Naphtha supply in Asia is to remain tight in the short term as cargo flows from Algeria in March are set to reach a ten-month low, adding to the current...
18 Mar 2025
Venezuela's state-owned PDVSA will independently manage production and exports from its largest oil joint venture once...
18 Mar 2025
The South Korean government said it will boost crude oil reserves to a new record high and raise road fuel stockpiles this year to hedge against supply...
17 Mar 2025
Chevron has bought 15,380,000 of Hess Corp common stock at existing market prices in open market deals, the major said in a filing with the Securities and Exchange Commission (SEC)...
17 Mar 2025
The National Hurricane Center (NHC) reported Monday a low-pressure weather system some 700 miles northeast of the northern Leeward Islands...
17 Mar 2025
Crude and products were higher Monday with geopolitics back in focus, after the US carried out extensive air strikes on Yemen targeting Houthi rebel groups.
17 Mar 2025
Gas pipeline projects that were completed last year added nearly 18 bcfpd of new capacity for the industry...
17 Mar 2025
Damage to the oil tanker Stena Immaculate, involved in a deadly collision in the North Sea a week ago...
17 Mar 2025
Quantum Commodity Intelligence - Crude oil futures opened the week higher to touch their highest level in a fortnight after the US...
17 Mar 2025
The Australian government needs to offer additional support and stronger incentives to the ammonia industry — and other industrial sectors — in Western Australia to help slow the region's growing gas demand and accelerate the adoption of green hydrogen ...
17 Mar 2025
A consortium including BP has been awarded six new licences to explore for natural gas in Israeli waters, marking the UK...
17 Mar 2025
Mining explosives producer Orica has called for Australia to introduce a gas reservation policy to bolster the competitiveness of the country's domestic manufacturing, especially its nitrogen-based chemical output...
17 Mar 2025
Ukraine used a domestically developed long-range missile to strike Russia's Tuapse refinery last week, marking a significant increase in...
17 Mar 2025
Kazakhstan's crude oil production surged 15% in February to 1.79 million bpd, driven by increased output from Chevron's expanded Tengiz...
17 Mar 2025
Panama's bunker fuel sales dropped 13% to 415,430 mt in February as fewer vessels arrived for bunkers, data from the Panama Maritime Authority showed...
17 Mar 2025
Russia exports of naphtha and diesel are set to contract sharply this month after repeated attacks on domestic...
17 Mar 2025
Goldman Sachs lowered its oil price forecasts through 2026, citing slowing US economic growth and increased OPEC+ output, reversing...
17 Mar 2025
Crude oil exports from Vancouver via the Trans Mountain Pipeline Expansion (TMX) are currently running at an all-time high...
17 Mar 2025
Middle East crude prices opened the week higher amid a spike in regional tensions, while marine fuel prices continued to come off further...
17 Mar 2025
Marine fuel sales in Fujairah fell to their lowest level since at least 2021, with total volumes slipping to 558,300 mt in February 2025...