Latest News

10 Jul 2024
Crude oil futures Wednesday were higher as prices rebounded from two-week lows, underpinned by latest data from the EIA...
10 Jul 2024
Singapore will ban new registrations of diesel cars and taxis from 1 January 2025, the city-state's Land Transport Authority...
10 Jul 2024
US commercial crude oil inventories fell for the second straight week in the seven...
10 Jul 2024
US distillate inventories were up 4% last week and touched a five-month high as refinery output levels continued to hit fresh highs, while...
10 Jul 2024
US gasoline inventories fell for the second straight week as demand stayed above 9 million bpd in the run up
10 Jul 2024
Abu Dhabi's Adnoc has awarded 10% stakes in its massive Ruwais liquified natural gas (LNG)
10 Jul 2024
BP has increased its outlook for future oil demand amid a slowdown in the growth in energy efficiency, while fossil fuel demand...
10 Jul 2024
US crude oil inventories posted a second weekly drop for the week ending 5 July, while gasoline stocks also retreated...
10 Jul 2024
HSFO margins have continued to rise this week and hit their highest level in a month during Asian trade on Wednesday, with the selloff in...
10 Jul 2024
OPEC held its bullish view on oil demand growth steady Wednesday, with the only change coming from a slightly better...
10 Jul 2024
East of Suez crude prices extended the early-week losses Wednesday and slumped to two-week lows, a move that bolstered residual fuel margins...
10 Jul 2024
Exports arbs have closed again for some European gasoline producers, as a modest recovery in regional values...
10 Jul 2024
The Energy Information Administration (EIA) expects US gasoline consumption to slow for the second straight year in 2025...
10 Jul 2024
Refined product stocks at the Middle Eastern storage hub of Fujairah saw a big build last week, with a 1.8-million-barrel rise taking stocks...
10 Jul 2024
An extended refinery maintenance season in Japan saw crude throughput across the country continue to freefall last week, pulling oil product stocks...
9 Jul 2024
Crude and oil product prices fell again Tuesday as Hurricane Beryl passed with minimal disruption...
9 Jul 2024
The EIA expects Brent crude prices to continue to rise out to the year end, pointing to tightening global supply as it put an $89/b forecast...
9 Jul 2024
Crude oil futures Tuesday were drifting lower after Texas weathered the first major storm of the 2024 Atlantic...
9 Jul 2024
Refineries in the path of Hurricane Beryl were seen restarting Tuesday, with limited impact...
9 Jul 2024
Trafigura Group is exploring ways of tackling a huge employee share buyback bill after several years of massive profits...
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