Latest News

Alaska North Slope oil and natural gas liquids production rose 4% to 448,085 bpd in September but remained below the 2024 to-date average...

European HSFO markets remained elevated through the week as refinery outages and run cuts continue to be felt, while the marine...

US oil demand fell marginally lower in August as travel demand cooled from its seasonal summer peak, EIA figures showed Thursday...

Middle East benchmark Dubai crude ended the week slightly higher, overturning the Monday's slump as the geopolitical premium...

Gasoline was under growing pressure this week in Northwest Europe as Dangote shipped its first seaborne gasoline cargo...

Diesel paper curve in Europe has flipped back into a backwardation this week amid a sharp stock draw at the ARA storage hub while the poor...

A Bashneft refinery in the Russian Republic of Bashkortostan was targeted in a Ukrainian drone attack overnight, the first apparent...

Middle East crude markets opened the new month higher as the risk premium returned, while jet fuel supply tightness in Asia saw prices...

ExxonMobil's French subsidiary Esso announced Thursday it had completed the sale of its Fos-sur-Mer refinery...

Saudi Aramco's contract prices for LPG to customers in Asia are set to diverge this month as propane levels were lifted to an...

US crude output rose almost 2% last month to hit a record high of 13.4 million bpd, monthly supply and demand figures from Energy...

Crude oil futures Thursday were climbing higher, as benchmarks extended the price rebound in place since...

Benchmark crude oil futures climbed further Thursday as oversupply concerns faded on the prospect of additional stimulus measures being...

Northwest European refined oil product inventories slumped last to their lowest levels since August last week after a big drop in...

US refiner HF Sinclair said oversupply was the main reason it swung to a third quarter loss...

UK oil inventories declined in August as crude production hit its lowest level in over a decade, while demand passed its seasonal summer peak...

Shell enjoyed a much better-than-expected set of Q3 earnings as its booming, outsized LNG business offset lower oil refining returns...

TotalEnergies' profits underwhelmed initial forecasts over the third quarter as lacklustre European product demand coincided with a wave of...

Global demand for air travel hit the highest level on record for September after the peak summer season passed in the northern hemisphere...

Brazil's crude oil exports remained subdued through September as lower output limited availability, with more production likely...