Latest News

15 Sep 2022
Energy giant Shell has named company insider Wael Sawan as its new CEO, replacing Ben van Beurden who will step down...
15 Sep 2022
Singapore residual fuel stocks slid for a second successive week and dropped 3% to a five-week low...
15 Sep 2022
TotalEnergies has completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq...
15 Sep 2022
Australian crude imports spiked to a 13-month high in July as demand continued to return from Covid-era lows...
15 Sep 2022
Weather watchers and energy traders are tracking the path of a weather system that Thursday became the sixth named storm...
15 Sep 2022
The European Commission has outlined plans to create an alternative gas benchmark, tackle energy companies' liquidity issues and...
14 Sep 2022
Crude oil futures Wednesday were trading higher, building on the late gains from the previous session, which came on reports...
14 Sep 2022
The European Parliament voted on amendments to the latest iteration of the Renewable Energy Directive Wednesday...
14 Sep 2022
Crude futures experienced a modest rebound at the cash market close, climbing on reports of...
14 Sep 2022
Pakistan's crude oil arrivals in August fell 9% month-on-month as high prices deterred buying earlier in the...
14 Sep 2022
The looming US rail strike is set to have a major impact on US manufacturing and the oil sector...
14 Sep 2022
US gasoline stocks drained to a ten-month low on higher outflows last week, EIA data...
14 Sep 2022
Diesel prices and refining margins collapsed to one-month lows on Wednesday, with swaps markets sold off hard...
14 Sep 2022
China has issued its fourth batch of low sulfur fuel oil (LSFO) export quotas for the year, adding another 2.75...
14 Sep 2022
A critical maritime bottleneck in the Baltic Sea has been caught up in the European Union’s sanctions targeting Russia...
14 Sep 2022
Global oil demand growth will slow to a halt by the end of the year on a faltering global economy...
14 Sep 2022
Shipping company Maersk Supply Service was the latest to offer customers the option to cut emissions by paying extra...
14 Sep 2022
Water levels on the Rhine River will hit a three-month high by the early next week following fresh...
14 Sep 2022
Austrian energy company OMV and Europe’s largest airliner Ryanair have struck a deal to...
14 Sep 2022
Middle East crude prices Wednesday registered a daily loss for the first time in a week, while distillate cracks...
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