Latest News

1 Nov 2024
Crude oil futures Friday were higher as the geopolitical premium made a return on renewed...
1 Nov 2024
Ultra-low sulphur diesel (ULSD) loadings at Russia's Baltic port of Primorsk are seen flat on the month in November...
1 Nov 2024
US majors ExxonMobil and Chevron both reported better-than-expected third quarter earnings Friday...
1 Nov 2024
Libyan oil production climbed to its highest level in over a decade, senior officials said Friday, supporting wider plans to develop the oil sector...
1 Nov 2024
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...
1 Nov 2024
European HSFO markets remained elevated through the week as refinery outages and run cuts continue to be felt, while the marine...
1 Nov 2024
US oil demand fell marginally lower in August as travel demand cooled from its seasonal summer peak, EIA figures showed Thursday...
1 Nov 2024
Middle East benchmark Dubai crude ended the week slightly higher, overturning the Monday's slump as the geopolitical premium...
1 Nov 2024
Gasoline was under growing pressure this week in Northwest Europe as Dangote shipped its first seaborne gasoline cargo...
1 Nov 2024
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...
1 Nov 2024
A Bashneft refinery in the Russian Republic of Bashkortostan was targeted in a Ukrainian drone attack overnight, the first apparent...
1 Nov 2024
Middle East crude markets opened the new month higher as the risk premium returned, while jet fuel supply tightness in Asia saw prices...
1 Nov 2024
ExxonMobil's French subsidiary Esso announced Thursday it had completed the sale of its Fos-sur-Mer refinery...
1 Nov 2024
Saudi Aramco's contract prices for LPG to customers in Asia are set to diverge this month as propane levels were lifted to an...
31 Oct 2024
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...
31 Oct 2024
Crude oil futures Thursday were climbing higher, as benchmarks extended the price rebound in place since...
31 Oct 2024
Benchmark crude oil futures climbed further Thursday as oversupply concerns faded on the prospect of additional stimulus measures being...
31 Oct 2024
Northwest European refined oil product inventories slumped last to their lowest levels since August last week after a big drop in...
31 Oct 2024
US refiner HF Sinclair said oversupply was the main reason it swung to a third quarter loss...
31 Oct 2024
UK oil inventories declined in August as crude production hit its lowest level in over a decade, while demand passed its seasonal summer peak...
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