Latest News

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...
10 Oct 2024
Production at Libya's National Oil Corporation inched closer towards what it was prior to the central bank crisis levels, the company...
10 Oct 2024
Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, Euroilstock data showed Thursday...
10 Oct 2024
The deployment of electric vehicle charging stations in the UK rose by 3% over the month in October, latest figures from the UK Department...
10 Oct 2024
Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...
10 Oct 2024
Refined oil product stocks slipped in Singapore last week after a big draw in light end inventories, offsetting a solid build in fuel oil stocks...
10 Oct 2024
Hurricane Milton has swept across Florida's Gulf Coast to make landfall in the early hours of Thursday morning, dealing yet another...
10 Oct 2024
Naphtha's rally looks to have ran out of steam this week as Asia struggles to absorb September's surge in imports...
10 Oct 2024
Global investment banking giant Goldman Sachs has warned that a goal to reach net zero emissions by 2050 is becoming...
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