Latest News
10 Oct 2024
US natural gas production is expected to grow marginally in 2025, led by increases in associated gas from the...
9 Oct 2024
Crude and products extended this week's losses Wednesday as de-escalating tensions in the Middle East started to unravel the war risk...
9 Oct 2024
Commodity brokerage Oil Brokerage said Wednesday it has purchased...
9 Oct 2024
Crude oil futures Wednesday were sliding lower, but were again subject to significant swings amid headline-driven trading...
9 Oct 2024
US oil production growth is set to moderate in 2025 amid slower growth from the giant Permian Basin although it will still post a record...
9 Oct 2024
US inventories of distillate fuels slumped to their lowest levels in 20 weeks, latest weekly data from the EIA showed Wednesday, as modest...
9 Oct 2024
US commercial crude oil inventories posted an unexpectedly large increase for a second consecutive week amid higher production and...
9 Oct 2024
S gasoline stocks recorded its largest drawdown of 2024 last week as demand surged past 9.6 million bpd in between...
9 Oct 2024
The Energy Information Administration has revised down its forecasts for oil demand for this year and the next, citing refining weakness in...
9 Oct 2024
The share of biofuel consumption in liquid fuel transport was forecasted to rise more than 14% by the end of decade but would still leave...
9 Oct 2024
The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...
9 Oct 2024
Fujairah fuel oil stocks fell another 4% to their lowest levels in three years last week as firmer-than-usual demand pulled barrels from...
9 Oct 2024
Japanese refined product inventories continued to scrape along at multi-year lows last week, even as stock building into the year-end ahead of...
9 Oct 2024
Russia will take 4 million mt or around 950,000 bpd of domestic refinery capacity offline this month...
9 Oct 2024
The Energy Information Administration (EIA) expects household heating fuel expenditure in the US to be similar to last year's over the coming...
9 Oct 2024
US crude oil inventories posted a huge build of almost 11 million barrels the week ending 5 October, although product stockpiles were...
9 Oct 2024
Sales of electric vehicles (EV) in the US have accelerated over recent years, figures from the Alternative Fuels Data Centre (AFDC) have shown...
9 Oct 2024
Chevron announced an emergency flaring Wednesday morning at its Leviathan gas rig near Israel's coast...
9 Oct 2024
East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...
8 Oct 2024
Crude oil futures Tuesday were in sharp retreat from the early-week highs amid uncertainty over Israel's likely response to...