Latest News
18 Sep 2023
Kuwait’s state-owned KNPC is working to restore full production at its Mina Al-Ahmadi and Mina Abdullah...
18 Sep 2023
Speculators hiked bullish crude bets again last week as production cuts drive the market into...
18 Sep 2023
North American drilling activity was up for a second week as drilling activity stabilizes following this year’s sharp downtrend...
18 Sep 2023
Chinese exports of refined oil products in August largely mirrored...
15 Sep 2023
ICE Brent crude futures ended the day slightly higher after the latest China data showed record demand...
15 Sep 2023
Crude oil futures Friday were little changed after consolidating the week's firm gains as benchmarks continued to register fresh 2023 peaks...
15 Sep 2023
High gas prices, the threat of lower LNG supplies in winter and seasonally low diesel inventories in...
15 Sep 2023
Barge freight rates on the Rhine River are poised to recover after a period of lower levels as shipping...
15 Sep 2023
QatarEnergy has awarded its monthly Al Shaheen tender for November loading at sharply higher premiums, reflecting the surge in demand...
15 Sep 2023
Middle East and Asian surged to yearly highs with supply/demand balances in Q4 set to widen to near record levels...
15 Sep 2023
Global crude/condensate loadings fell to their lowest since June 2022 last month at around 47 million bpd...
15 Sep 2023
Marine fuel oil cracks in Asia broadly flatlined over the course of the week as a build in residual stocks...
15 Sep 2023
Asian crude prices Friday booked yet another yearly high, while premiums for spot grades...
15 Sep 2023
Gasoline and naphtha both rebounded this week as concerns over demand quickly shifted back to supply...
15 Sep 2023
Around 1,300 contractors at four UK oil refineries are being balloted for strike action over pay...
15 Sep 2023
Average gasoline and diesel prices in China rebounded in the...
15 Sep 2023
Chinese refiners processed a new record amount of...
14 Sep 2023
Crude oil futures Thursday surged to fresh 2023 highs after wobbling in the previous session as CPI figures...
14 Sep 2023
Crude hit fresh highs on Thursday as focus remained squarely on tight supplies, and helped push...
14 Sep 2023
A production unit at TotalEnergies’s Normandy refinery malfunctioned late on Thursday...