Latest News

4 Mar 2025
Enbridge has unveiled multi-billion-dollar projects to expand capacities of its liquids pipelines to prepare for ...
4 Mar 2025
The US Treasury has set a one-month deadline for Chevron to suspend its operations in Venezuela, the department announced on Tuesday...
4 Mar 2025
Marine fuel prices in Singapore fell to their lowest in more than three-and-a-half years on Tuesday as weaker global trade and rising tariffs...
4 Mar 2025
Spain's road fuel consumption fell to one-year lows in January, industry data showed Tuesday, falling for the fourth consecutive month in line...
4 Mar 2025
Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...
4 Mar 2025
The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...
4 Mar 2025
Gasoline prices in the United States surged to six-month highs this week as investors braced for tariffs on Canada and Mexico, with import...
4 Mar 2025
Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...
4 Mar 2025
Crude oil output in the Canadian province of Alberta slipped from December's all-time high to 4.19 million bpd in January...
4 Mar 2025
Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...
4 Mar 2025
Abu Dhabi's Adnoc and Austria's OMV have agreed terms to merge their polyolefin businesses to create one of the largest petrochemical companies in the world
4 Mar 2025
Russian authorities have put out a fire at an oil pipeline in the southern Rostov region after a suspected Ukrainian drone strike overnight, acting governor Yuri Slyusar said on Tuesday...
4 Mar 2025
More Venezuelan crude oil could head to China in the coming months via the so-called dark fleet market as US President Trump axed Chevron's licence to...
4 Mar 2025
Goldman Sachs warned of downside risks to oil prices as eight OPEC+ countries move to unwind voluntary production cuts earlier than...
4 Mar 2025
The US imposed 25% tariffs on imports from Canada and Mexico on Tuesday, triggering swift retaliation from Ottawa and raising the...
3 Mar 2025
Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...
3 Mar 2025
Tanzanian refined products imports in April will total roughly 786,000 mt, which, although not an increase from March, still reflects a more...
3 Mar 2025
Eight OPEC+ countries representing a combined 30.5 million bpd of crude output said Monday they will stick with previous guidance...
3 Mar 2025
The European Commission will speed up a review of its 2035 targets to cut tailpipe emissions from cars with a focus on full technology neutrality...
3 Mar 2025
A Venezuelan navy vessel threatened ExxonMobil FPSOs operating offshore Guyana over the past few days, the US and Guyana governments said...
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