Latest News
2 Jan 2025
A sharp jump in diesel inventories helped push refined oil products held in the ARA region near their highest level in almost four years...
2 Jan 2025
Battery-powered vehicles made up nine out of every ten new cars sold in Norway last year, according to registration data released Thursday...
2 Jan 2025
Brazil's refined products output slipped to a four-month low in November although refinery throughput has remained buoyant...
2 Jan 2025
Técnicas Reunidas has secured a $440 million contract to build a major oil storage and export terminal for Vaca Muerta, Argentina's...
2 Jan 2025
Exports of Russian ESPO crude were at record levels in December, coming despite a clampdown on Russia's shadow shipping fleet...
2 Jan 2025
Saudi Aramco has lowered prices for propane and butane this month for buyers in Asia, marking the end of four consecutive months of higher...
2 Jan 2025
Spain's Repsol has started oil exploration in Libya for the first time in ten years, according to the North African country's national oil company.
2 Jan 2025
Provisional data released Thursday by Indian officials pointed to a slowdown in domestic oil product consumption last month...
2 Jan 2025
Middle East crude markets opened the New Year higher following on from the strong finish to 2024, while naphtha physical and paper...
2 Jan 2025
US crude oil inventories posted another draw in the week ending 27 December but refined products posted solid gains...
2 Jan 2025
Light product stocks in Singapore continued to climb last week, while middle distillate inventories fell to their lowest levels since July...
2 Jan 2025
Residual fuel oil inventories fell 25% in Fujairah over the seven days to 30 December, having soared to their highest levels in the week...
2 Jan 2025
Gasoline exports from Taiwan surged in November as local refiners ramped up crude throughput after maintenance, the latest government data...
2 Jan 2025
The Chinese government said it would keep the annual fuel oil import quota for 2025 in line with the previous year's allowance despite Beijing's...
31 Dec 2024
Crude oil futures Tuesday were climbing higher as benchmarks consolidated the late-December rally with four consecutive gains...
31 Dec 2024
US crude and refined oil product deliveries climbed to their highest levels in more than five years over the month in October, EIA figures...
31 Dec 2024
US natural gas futures rowed back from early week highs on Tuesday, but markets remain highly volatile with an Arctic blast set to hit...
31 Dec 2024
Benchmark crude oil futures continued their ascent Tuesday, climbing for the fourth consecutive session as sentiment sweetened...
31 Dec 2024
The average price for Middle East benchmark Dubai in December rebounded from the previous-month's three-year lows, largely thanks to a...
31 Dec 2024
Middle East benchmark Dubai extended the solid finish to the year, posting gains for a fourth session, while product margins moved...