Latest News

9 Jul 2024
Refined oil product stocks in EU-16 countries were higher over the month in June as refineries ramped up to meet seasonal demand...
9 Jul 2024
Vietnam's June crude oil imports slipped to their lowest level since February, with arrivals down 27% from May and equivalent to around...
9 Jul 2024
Canada's Suncor has shut an unspecified unit at its 85,000 bpd Sarnia refinery for maintenance...
9 Jul 2024
East of Suez crude prices extended the early week losses Tuesday, while the slide in middle distillate margins continued and left cracks at a...
9 Jul 2024
Canada's Cenovus Energy has evacuated non-essential employees at its Sunrise oil sands site in Alberta...
9 Jul 2024
US natural gas prices have showed little movement in the early part of this week, despite the direct hit on Texas by Hurricane Beryl...
9 Jul 2024
Japan's Orix Corp has ordered methanol-fuelled ships for the first time as it looks to prepare for maritime carbon-saving requirements that...
9 Jul 2024
BP said Tuesday it was expecting a big hit to second-quarter earnings at its downstream business...
9 Jul 2024
US refinery Marathon has begun restart operations at its Galveston Bay refinery in Texas after operations were halted at some...
9 Jul 2024
Kazakhstan has pledged to make up for overproduction in the first half of this year by extending some voluntary cuts until...
9 Jul 2024
The combined speculative net length of US crude, gasoline, and low-sulfur diesel contracts continued to rise last week as money managers priced in...
8 Jul 2024
Crude oil futures opened the week lower as investors waited for any impact from storm Beryl, which made landfall in Texas as a hurricane...
8 Jul 2024
Petrobras will raise its gasoline sales price for the first time in almost a year in a move which could lead to an increased price for Brazil's...
8 Jul 2024
Crude and product futures fell Monday as markets braced for the impact of Hurricane Beryl on US Gulf coast production...
8 Jul 2024
US independent oil producer Devon Energy has entered into a deal to acquire further acreage in the lucrative Williston basin...
8 Jul 2024
A power loss tripped several units at Valero’s 395,000 bpd Port Arthur refinery on Sunday...
8 Jul 2024
ExxonMobil expects higher oil prices to boost profits by up to $700 million in the second quarter,
8 Jul 2024
Marathon Petroleum reported a temporary power loss at its Galveston Bay refinery Monday as Hurricane Beryl smashed into the Texas coast...
8 Jul 2024
Benchmark Dubai opened the week lower and eased back from 10-week highs, while middle distillate margins continued to ease despite...
8 Jul 2024
The onset of monsoon rains trimmed Indian oil product demand last month, official data showed Monday...
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