Energy Market News

Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...

High sulfur fuel oil prices managed to draw a line under their recent weakness as fresh import quotas for Chinese independent refiners...

Gasoline was flat this week as a well-supplied Atlantic basin offsets firmer demand from east of Suez...

Ultra-low sulphur diesel (ULSD) loadings at the Russian Baltic port of Primorsk are set to rise 25% on the month...

European diesel cracks neared five-month lows this week on the back of weak...

Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...

Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...

An end-week selloff saw Asian crude prices decline for a fifth week out of the last six, as the latest round of OPEC+ cuts...

Strong seasonal demand for gasoline and jet helped push Spanish fuel demand higher on the year last month...

otalEnergies has agreed to sell its 36.36% minority stake in the South African Natref refinery to UK energy firm Prax...

US production of crude and NGLs came in at just shy of 20 million bpd in September, the latest EIA monthly

The US Department of Energy (DOE) has booked 2.73 million barrels of crude oil via a tender that closed last month, securing further stocks...

OPEC+ members have declared voluntary cuts following Thursday’s meeting, with additional reductions totaling around 900,000 bpd...

Commercial stocks of refined oil products in China slumped to the lowest level in two months after...

Crude oil futures Thursday were sharply lower despite OPEC+ seemingly agreeing to deeper cuts next year for next year after reaching a last-minute deal...

Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...

The average price for benchmark Middle East Dubai was lower in November for a second  month, although most of the losses were racked up...

Asian gasoline paper cracks touched their highest level in more than two months against crude futures during trade on Thursday, with...

Diesel held in the ARA trading and blending hub unwound much of the previous week’s sharp build...

OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...