Latest News
17 Apr 2025
Crude oil refining margins in Asia are expected to stay under pressure until at least the end of 2025 as global markets are set to remain...
17 Apr 2025
Singapore's total oil product stocks edged lower this week, as a steep draw in light distillates outweighed continued builds in residual fuel oil...
17 Apr 2025
Motiva has restarted a gasoline-making FCC unit at its giant Port Arthur refinery in Texas after two failed attempts...
17 Apr 2025
he EU has dropped plans to include Russian LNG imports in its next sanctions package due to resistance from some members and...
17 Apr 2025
Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...
17 Apr 2025
Kazakhstan overshot its OPEC+ crude quota by 400,000 bpd in March, with official data published Thursday putting production at 7.76 million mt...
17 Apr 2025
Crude oil imports into Japan continued to decline in March on the back of low refinery run rates as refining margins remained slim and some...
16 Apr 2025
The US Army Corps of Engineers (USACE) plans to fast track permit application for a project to relocate...
16 Apr 2025
Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...
16 Apr 2025
Vista Energy has acquired Petronas' 50% stake in Argentina's La Amarga Chica block for $1.5 billion, marking the Malaysian firm's exit from...
16 Apr 2025
European natural gas futures have edged up from multi-month lows this week, although the market remains torn between the impact of tariffs...
16 Apr 2025
The US Treasury has sanctioned another Chinese independent refiner for trading Iranian oil, stepping up efforts to pressure Tehran...
16 Apr 2025
Distillate fuel oil inventories experienced another sharp decline in the United States last week, latest figures from the Energy Information...
16 Apr 2025
US gasoline inventories dropped to fresh 2025-lows last week as West Coast (PADD 5) refinery runs fell back again and domestic demand...
16 Apr 2025
US commercial crude oil inventories registered a third weekly gain despite a drop at the Cushing hub, data published by the EIA revealed...
16 Apr 2025
Global trade will shrink this year as US tariffs and policy uncertainty hit industrial output and cross-border flows, the World Trade Organization...
16 Apr 2025
The international marketing arm of Mexico's state-owned oil company Pemex raised May official selling prices for crudes delivered to...
16 Apr 2025
Nigeria aims to establish a national strategic petroleum products reserve this year, the country's petroleum products regulator said on...
16 Apr 2025
Crude oil futures were easing for a second session amid growing concerns on the impact of global tariffs, particularly the standoff between...
16 Apr 2025
OPEC has issued an updated program for compensation cuts, in which serial overproducers Iraq and Kazakhstan have pledged...