Latest News

12 Mar 2025
European air travel increased by 6% year-on-year last week, recording an average of 26,476 daily flights, according to data published Wednesday...
12 Mar 2025
Brent crude oil futures moved comfortably back above the $70/b level Wednesday as the market waited on the outcome of discussions...
12 Mar 2025
US gasoline stocks slumped last last week as domestic demand climbed above the 9 million bpd mark for the first time this year
12 Mar 2025
US commercial crude oil inventories registered a second weekly gain after a previous run of five consecutive draws...
12 Mar 2025
Distillate fuel oil inventories in the United States declined for the second consecutive week last week, according to latest figures published...
12 Mar 2025
The impact of tariff wars that are grating the world's markets currently will likely impact trade growth...
12 Mar 2025
OPEC has maintained its outlook for global oil demand growth in 2025 at 1.45 million bpd, although conceded that a tariff-led trade war...
12 Mar 2025
Russia's crude oil exports have risen sharply over the past month, indicating that the rollout of fresh sanctions has had little impact...
12 Mar 2025
Transatlantic diesel exports are seen sharply higher this month after a lull in January and February, with the arb open to Europe...
12 Mar 2025
Gasoline stocks in EU-16 countries reached a one-year high last month, official data showed Wednesday, while all other refined products fell as refinery activity slowed on seasonal maintenance
12 Mar 2025
Spain's refined oil product inventories posted a sharp build over the month in January, official figures showed Wednesday, even as refiners...
12 Mar 2025
Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...
12 Mar 2025
Iraq's SOMO has reduced the OSP on its key export grade for Asia in April, following the broader regional trend of lower differentials...
12 Mar 2025
Diesel production in Malaysia dropped to a three-month low in January, with government figures showing production of the middle...
12 Mar 2025
Fuel oil stocks in Fujairah dropped 6% last week as inventories of residual fuels pulled back from levels not seen since June, weekly figures...
12 Mar 2025
Middle distillate supply in Japan remained tight as commercial inventories continue to drop against the backdrop of the spring maintenance season...
12 Mar 2025
Yemen's Houthi group said Wednesday it will resume attacks on "any Israeli vessel" in the region unless Israel ends its blockade...
12 Mar 2025
US commercial crude oil inventories were up last week while gasoline stocks saw a big drop, according to figures from the American...
12 Mar 2025
Occidental Petroleum (Oxy) sees extracting remaining oil reserves, known also as enhanced oil recovery (EOR), in both shale...
12 Mar 2025
South America's nascent oil producer Guyana has begun reviewing a proposal to send its domestic crude...
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