Latest News

19 Sep 2023
India has cut taxes for domestic producers exporting jet fuel and diesel in a move that should help..
19 Sep 2023
Iran has again increased Official Selling Prices for its flagship Iranian Light grade, as Tehran’s crude exports...
19 Sep 2023
Asian crude prices were steady Tuesday as markets paused...
19 Sep 2023
Australia’s demand for road fuels fell in July, driven by sharp seasonal declines in both diesel and gasoline...
19 Sep 2023
Saudi Aramco President & CEO Amin Nasser has called for action to avert a more serious energy crisis, while pushing back on...
19 Sep 2023
US shale crude production is forecast to drop for the third straight month in October, according to...
19 Sep 2023
Chinese imports of naphtha soared to a new record...
19 Sep 2023
China’s state-backed refining giant Sinopec has received a green light from the government to start building a new...
18 Sep 2023
Crude oil futures Monday maintained the month's firm momentum, as concerns over tightening markets in the fourth quarter...
18 Sep 2023
Saudi Arabia's energy minister Prince Abdulaziz bin Salman has defended OPEC+ cuts...
18 Sep 2023
Brent crude futures added to recent gains on Monday as tight supplies took centre stage again...
18 Sep 2023
Iran’s Minister of Petroleum said that sanctions imposed by the US and its European allies on the country’s oil and gas sector...
18 Sep 2023
Backwardation in the Asian fuel oil swaps market slumped to its lowest since late June at the start of the week, with a rise...
18 Sep 2023
European natural gas futures Monday were in retreat after production increased at a number of fields and processing units that had experienced shortfalls...
18 Sep 2023
Kazakhstan’s August oil output continued to slow, with monthly government statistics published Monday showing...
18 Sep 2023
A continued recovery in the global domestic air capacity was more than offset by a fall in international...
18 Sep 2023
Two Russian and Chinese firms have agreed to build a CNY 5 billion ($685 million) oil transhipment plant at the border...
18 Sep 2023
Saudi Arabia’s production and exports of crude oil fell to their lowest in just under two years in July...
18 Sep 2023
Asian crude prices Monday eased back for the first time in six trading sessions but were largely holding the month’s firm...
18 Sep 2023
European gasoline exporters have stepped up flows to Canada as the country enters a period of extensive
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