Latest News

7 Nov 2024
Chinese oil product exports dived in October to the lowest level since August 2022 as limited export quotas and low crude runs throttled...
7 Nov 2024
Jet fuel stocks in Japan jumped last week on the back of higher crude throughput as local refiners filled up storage tanks in preparation for...
6 Nov 2024
Crude oil futures were moving sideways Wednesday as the market digested news of a Donald Trump win in US Presidential...
6 Nov 2024
Benchmark crude oil futures traded slightly lower Wednesday as the market anticipated policy under the new Trump regime to favour...
6 Nov 2024
US crude oil inventories hit a three-month high last week as a build in commercial crude stocks outstripped analyst expectations slightly...
6 Nov 2024
US gasoline stocks rebounded from two-year lows last week as implied demand fell back below the 9 million bpd mark...
6 Nov 2024
US distillate stocks climbed to a fresh four-week high last week, latest EIA figures showed Wednesday, as demand slumped to its lowest...
6 Nov 2024
BP has announced plans to sell its fuel stations and EV charging infrastructure across the Netherlands as the company seeks to...
6 Nov 2024
European gasoline cracks are testing fresh 2024 lows this week as the seasonal slump in travel demand gathers pace...
6 Nov 2024
Jet fuel cracks firmed to a fresh high during trade on Wednesday, hitting a four-month high as middle distillate margins continue to firm...
6 Nov 2024
Oil prices eased Wednesday as investors weighed the implications of a convincing victory for Donald Trump in US Presidential race...
6 Nov 2024
India's diesel demand surged over the month in October, while gasoline sales rose by 5% as subsiding monsoon rainfall spurred increasing...
6 Nov 2024
Adnoc has increased the Official Selling Prices (OSPs) for December-loading crude, with its flagship Murban grade set at...
6 Nov 2024
Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...
6 Nov 2024
Hurricane Rafael is expected to slam into Cuba later Wednesday before re-emerging in the Gulf of Mexico as a powerful storm...
6 Nov 2024
Oil product inventories in Fujairah fell last week as fuel oil stocks recorded a 6% draw over the week amid strong bunker sales while light distillate...
6 Nov 2024
US crude oil inventories posted a larger-than-expected build the week ending 1 November, while stockpiles of refined products...
6 Nov 2024
The cost of transporting residual fuel from the Middle East to Singapore rose sharply in recent weeks amid strong fuel oil exports to Asia ...
6 Nov 2024
Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...
5 Nov 2024
Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...
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