Latest News
11 Oct 2024
In a week where crude volatility kept most of the refined products space relatively subdued, fuel oil proved to be something of an outlier as...
11 Oct 2024
OPEC and its allies cut oil production by 500,000 bpd in September, but largely as a result of the temporary shutdowns in Libya...
11 Oct 2024
Middle East benchmark Dubai crude ended the week slightly higher, consolidating the firm October trend...
11 Oct 2024
Gasoil demand continued to slip in Thailand in October in line with broader seasonal trends, while gasoline sales touched a...
11 Oct 2024
Distillates broadly tracked crude higher this week as strong European appetite coincided with the seasonal uptick in agricultural activity in the US...
11 Oct 2024
Gasoline posted a modest recover from recent lows as seasonal maintenance and supply disruption added tightness...
11 Oct 2024
Malaysian gasoline output continued to edge higher through August at the height of the seasonal demand spike to hit its highest...
11 Oct 2024
Crude oil prices in Asia were higher as concerns over potential supply disruptions underpinned the broader oil recovery, while the inverted...
11 Oct 2024
BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...
11 Oct 2024
Pemex has shut units at its 312,5000 bpd Deer Park refinery in Texas after a gas leak killed two workers and injured others...
11 Oct 2024
Russia is set to further increase supplies of natural gas to Hungary, having already increased supplies to the EU state...
10 Oct 2024
Quantum Commodity Intelligence – Crude and products reversed yesterday's losses as US attempts to divert Israeli attacks away from...
10 Oct 2024
Crude oil futures on Thursday were sharply higher, as markets remained on edge over Israel's anticipated military strike against Iran...
10 Oct 2024
Oil products stored in the ARA trading hub fell 1.2% in the seven days to 10 October, as swelling inventories of gasoline and jet were outweighed...
10 Oct 2024
Wildfires have shut-in up to 100,000 bpd of oil production in the US state of North Dakota...
10 Oct 2024
Physical deliveries of the low-sulphur gasoil (LSGO) October contract totalled 3,290 lots at expiry Thursday...
10 Oct 2024
Japan's energy market subsidies, including those propping up wholesalers' gasoline margins, should be extended beyond the year-end, the...
10 Oct 2024
Crude oil output at Kazakhstan's Tengiz field has risen to record levels this month as another major oilfield undergoes scheduled...
10 Oct 2024
Six former Glencore employees, including the commodities giant's former head of oil, will have to wait until at least 2027...
10 Oct 2024
ExxonMobil is looking to produce an extra 18,000 bpd of crude oil at its Stabroek block in Guyana pending approval from authorities as...