Latest News
5 Dec 2024
Refined oil product stocks in Singapore continued to grow in the past week thanks to a large build in light end stockpile offsetting draws across the...
5 Dec 2024
Shell and Equinor will combine their offshore UK assets in a joint venture that will create the country's largest independent...
5 Dec 2024
China's gasoil demand is estimated to drop this month as lower temperatures are to slow industrial activities across the country...
4 Dec 2024
Brent crude futures were steady in the midweek session, ahead of Thursday's OPEC+ meeting, with EIA data presenting a mixed picture...
4 Dec 2024
Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+
4 Dec 2024
US distillates stocks recorded their steepest weekly build in five months last week as diesel production hit fresh five-year highs while demand...
4 Dec 2024
US gasoline stocks climbed for the third straight week as US Gulf Coast refineries ran more crude than at any point in almost six years
4 Dec 2024
US commercial crude oil inventories registered a larger-than-expected draw of over 5 million barrels during the latest reporting cycle...
4 Dec 2024
London-listed Energean said its Israeli oil production is up by more than one-third over 2023 levels and "remains unimpacted"...
4 Dec 2024
The arbitrage opportunity for high sulfur fuel oil 380 CST barrels to make their way to the East of Suez in the coming month has disappeared as Asia...
4 Dec 2024
Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...
4 Dec 2024
Spain's imports of Venezuelan crude oil surged to their highest levels in two decades, official data showed Wednesday, as unwinding US sanctions...
4 Dec 2024
European diesel has eroded most of last month's gains, as the end of seasonal refinery maintenance and a rebound in imports...
4 Dec 2024
Oil production from the 12 core OPEC members increased during November as the continued recovery in Libyan output offset...
4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
4 Dec 2024
US crude oil inventories posted the week ending 29 November, while stockpiles of gasoline posted a sharp gain...
4 Dec 2024
The Czech Republic's pipeline operator Mero said Wednesday there was an issue on the Druzhba pipeline that supplies the country with oil...
4 Dec 2024
Deliveries of oil products from Exolum terminals to the Spanish market fell in November, as travel entered its seasonal lull, but remained sharply...
4 Dec 2024
Shell has begun starting up units at its 404,000 bpd Pernis refinery in Rotterdam after completing a two-month overhaul...
4 Dec 2024
Residual fuel inventories in Fujairah spiked last week, amid thinner arbitrage flows westwards and a slowdown in vessels fueling...