Latest News

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...
28 Nov 2024
Refinery output in the UK fell to its lowest levels of the year in September as refiners slashed runs amid falling margins, while maintenance at...
28 Nov 2024
ARA product stocks fell this week, led by a sharp draw in gasoline as exports out of the region picked up...
28 Nov 2024
Crude oil futures Thursday were marginally higher ahead of next week's OPEC+ meeting, which has now been delayed until..
28 Nov 2024
China's sustainable aviation fuel supply could exceed domestic demand by around 16 million mt by 2030 and supply-side fiscal support is...
28 Nov 2024
The jet fuel east-west spread hit a fresh multi-year high during trade on Thursday, stoked by reduced supply and falling stocks of...
28 Nov 2024
The European naphtha market has flipped into contango at the front of the curve for the first time in just over a year, as slowing...
28 Nov 2024
The Pluto LNG facility in northern Australia was offline for a fourth day on Thursday following an emergency shutdown earlier in the week...
28 Nov 2024
Donald Trump is considering expanding sanctions on Iran to include neighbouring Iraq, targeting OPEC's second-largest crude producer and a...
28 Nov 2024
China is expected to put in a place a separate customs description code for sustainable aviation fuel later this year or in early 2025 in order...
28 Nov 2024
US gasoline prices this Thanksgiving are at their lowest in four years, according to the EIA, helping to spur travel demand to a new record...
28 Nov 2024
Middle East crude prices eased for a third session Thursday after the Israel-Hezbollah ceasefire deal, a move that helped push HSFO...
28 Nov 2024
South Korea will extend fuel tax cuts for an additional two months to ease energy costs during the peak winter demand season, as...
28 Nov 2024
China's demand for liquefied petroleum gas (LPG) is losing steam, with imports set to hit a nine-month low in November, according to...
28 Nov 2024
OPEC+ has delayed this weekend's planned meeting until 5 December, with the official communique citing a scheduling conflict...
28 Nov 2024
Singapore oil product stocks continued to rise during the week ending 27 November as fuel oil inventories soared on the back of bumper cargo...
27 Nov 2024
Crude oil futures Wednesday were hovering just above one-week lows following a US-brokered ceasefire between Israel and Hezbollah...
27 Nov 2024
Benchmark oil futures traded slightly lower Wednesday as ceasefire in the Middle East faded concerns of an imminent disruption to global oil...
27 Nov 2024
NNPC outlined operational details at its newly-refurbished Old Port Harcourt refinery Wednesday...
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