Latest News

18 May 2022
Total US crude oil stocks fell to their lowest since January 2005 when gasoline stocks fell...
18 May 2022
India will introduce a blend of up to 20% of bioethanol into retail gasoline in parts of the country from April next year...
18 May 2022
Saudi Arabia is to get 100 new electric vehicle (EV) charging points from Electromin, a subsidiary of Saudi...
18 May 2022
Slovakia's government has approved a proposal from the finance minister to tax Russian crude oil refined...
18 May 2022
Middle East crude prices were slightly lower Wednesday but premiums for spot barrels were holding...
18 May 2022
Japanese trading house Itochu Corporation and biofuel producer GoodFuels have agreed on a...
18 May 2022
Japanese oil refiners upped their output levels of gasoline to a six-week high by the middle...
18 May 2022
The volume of jet fuel and kerosene produced by Chinese refineries has fallen to the lowest...
18 May 2022
European car sales have fallen to levels only seen before during the pandemic, with manufacturers struggling from...
18 May 2022
Residual fuel stocks in the Middle Eastern bunkering hub of Fujairah remained under pressure in the...
18 May 2022
The Swiss regulatory body with jurisdiction over sanctions on Russia has said Switzerland-based trading firms...
18 May 2022
Russia's oil pipeline monopoly Transneft has limited access to monthly crude export loading schedules from...
18 May 2022
The Abu Dhabi National Oil Co. (ADNOC) plans to construct a new liquefied natural gas plant that would more...
17 May 2022
Crude oil futures Tuesday were slightly lower amid choppy trading that saw earlier gains wiped out as EU talks on a proposed Russian oil embargo rumbled...
17 May 2022
Brent futures ended the cash market close at a seven-week high on Tuesday as concerns over OPEC+...
17 May 2022
The US government is moving to ease some economic sanctions on Venezuela in a gesture meant to encourage...
17 May 2022
Climate activists targeted an oil conference hosted in London Tuesday with the Extinction Rebellion protest group promising to disrupt further oil events and...
17 May 2022
Azerbaijan’s output of crude oil and natural gas condensate eased off a combined 0.5% in April...
17 May 2022
OPEC+ production retreated sharply in April as Russia and other member of the alliance continued to fall further behind on output targets...
17 May 2022
The pace of US greenhouse gas emission reduction increased last year but remains behind government...
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