Latest News
24 Apr 2025
A sharp rebound in upstream M&A activity in the US lifted first-quarter deal value to $17 billion, the second-strongest start to a year since 2018...
24 Apr 2025
Middle East crude prices retreated for the first time this week amid discord within OPEC+, while gasoline continued to firm...
24 Apr 2025
Residual fuel stockpiles in Singapore rose further this week as demand for marine transport fuel remained sluggish amid global trade...
24 Apr 2025
Thailand's crude imports surged in March after four months of slower arrivals, as refiners ramped up buying amid a seasonal demand recovery...
24 Apr 2025
The US government is considering slashing tariffs on Chinese goods in a bid to ease the current trade standoff, according to the Wall...
24 Apr 2025
South Korean petrochemical crackers are looking to sell more facilities in 2025 as operational losses deepened in recent quarters amid weaker global demand...
23 Apr 2025
Benchmarks lost their footing on Wednesday after Kazakhstan warned that its crude oil output would be determined based on national interests...
23 Apr 2025
US exports of total petroleum products set a new all-time high of 6.6 million bpd last year, thanks to growth...
23 Apr 2025
Crude oil futures were lower, having surrendered earlier gains after Kazakhstan said it would not reduce oil production, jeopardising the...
23 Apr 2025
The Dutch government has agreed to restart offshore gas production in the North Sea, aiming to reduce import dependency and lower...
23 Apr 2025
US commercial crude oil stocks gained for a fourth week but rose by the smallest amount since April 2021...
23 Apr 2025
US gasoline destocking accelerated last week as demand surged around the holidays, outpacing higher domestic runs...
23 Apr 2025
Distillate fuel oil inventories in the United States declined for a third consecutive week last week as level production faced a seasonally...
23 Apr 2025
Iran has hit back at new US sanctions which further target Iran's energy sector, saying the measures show a "lack of goodwill"...
23 Apr 2025
Ryanair has significantly expanded its fuel hedging program, the airline's Chief Executive said in an interview on Tuesday, securing lower jet...
23 Apr 2025
Rotterdam's bunker fuel sales remained steady in the first quarter of 2025, but the port's status as a bio-bunkering hub took a step back as the...
23 Apr 2025
Kazakhstan's energy minister said the country's national interest takes precedence over OPEC+ commitments, raising fresh doubts about...
23 Apr 2025
Saudi Arabia and India have signed an agreement to establish two oil refineries in India, officials announced on Wednesday, marking a significant...
23 Apr 2025
Middle East crude prices increased for a third session to extend the upwards trend, while the Hi5 spread slipped back below $50/mt...
23 Apr 2025
Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...