Latest News

2 Dec 2024
Taiwan's Formosa Petrochemical is set to lower run rates at Mailiao refinery in the first quarter of next year due to planned maintenance work, a company...
2 Dec 2024
Speculative net length on European diesel futures continued to grow during the week ending 26 November as the continent heads into peak...
29 Nov 2024
Crude oil futures in Friday were slightly lower and heading for weekly losses amid mixed pricing signals...
29 Nov 2024
US crude output slipped to 13.204 million bpd in September from 13.361 million bpd in August...
29 Nov 2024
Benchmark crude oil futures remained locked in a tight trading window Friday as markets braced ahead of the delayed OPEC+ meeting, while...
29 Nov 2024
European air travel continued to decline last week, registering another sharp weekly drop as it moved further into its seasonal lull...
29 Nov 2024
Spain's Repsol has agreed to sell two oil and gas assets in Colombia to Geopark, the two companies announced Friday...
29 Nov 2024
Diesel cracks on both sides of the Suez came under pressure this week despite supply tightness in Europe, as limited cargo flows from the...
29 Nov 2024
Naphtha was under pressure this week as returning supply weighed on both cracks and timespreads...
29 Nov 2024
The average price for Middle East benchmark Dubai crude tumbled to the lowest level in more than three years in November...
29 Nov 2024
Preliminary figures from the Association of Asia Pacific Airlines (AAPA) released Thursday reveal sustained growth in the region's air travel sector...
29 Nov 2024
Bullishness took hold of the HSFO market this week in Europe and Asia and drove margins to fresh highs as Chinese demand remained...
29 Nov 2024
Both Imperial Oil and Suncor are restarting units at their Sarnia refineries in Ontario, Canada, with the latter experiencing an upset this week...
29 Nov 2024
Middle East crude prices posted a first gain in four sessions Friday, while strength in the Asian kerosene market saw the jet fuel east...
29 Nov 2024
Demand for kerosene in Japan spiked in October as the country braced for the start of the peak winter heating season even as crude...
29 Nov 2024
Saudi Aramco has left contract prices for LPG to customers in Asia unchanged during December, maintaining propane at an 18-month high...
29 Nov 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
29 Nov 2024
Brazil's crude oil exports jumped to 1.93 million bpd in October, the highest level in five months...
29 Nov 2024
A fire erupted at Pemex's Minatitlán refinery in Veracruz on Thursday morning, the second blaze at a company site this week...
28 Nov 2024
Benchmark crude oil futures held steady on Thursday as the market weighed delays to OPEC+ production hikes against ongoing macroeconomic...
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