Energy Market News
4h ago
Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...
6h ago
High sulfur fuel oil prices managed to draw a line under their recent weakness as fresh import quotas for Chinese independent refiners...
6h ago
Gasoline was flat this week as a well-supplied Atlantic basin offsets firmer demand from east of Suez...
6h ago
Ultra-low sulphur diesel (ULSD) loadings at the Russian Baltic port of Primorsk are set to rise 25% on the month...
6h ago
European diesel cracks neared five-month lows this week on the back of weak...
9h ago
Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...
9h ago
Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...
9h ago
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...
10h ago
Strong seasonal demand for gasoline and jet helped push Spanish fuel demand higher on the year last month...
11h ago
otalEnergies has agreed to sell its 36.36% minority stake in the South African Natref refinery to UK energy firm Prax...
11h ago
US production of crude and NGLs came in at just shy of 20 million bpd in September, the latest EIA monthly
12h ago
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...
14h ago
OPEC+ members have declared voluntary cuts following Thursday’s meeting, with additional reductions totaling around 900,000 bpd...
14h ago
Commercial stocks of refined oil products in China slumped to the lowest level in two months after...
30 Nov 2023
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...
30 Nov 2023
Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...
30 Nov 2023
The average price for benchmark Middle East Dubai was lower in November for a second month, although most of the losses were racked up...
30 Nov 2023
Asian gasoline paper cracks touched their highest level in more than two months against crude futures during trade on Thursday, with...
30 Nov 2023
Diesel held in the ARA trading and blending hub unwound much of the previous week’s sharp build...
30 Nov 2023
OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...