Saudi Arabia’s proved oil reserves are 11% higher than previously thought at close to 300…Saudi Arabia’s proved oil reserves are 11% higher than previously thought at close to 300… […]Read More
China’s appetite for US crude oil seems unlikely to show any meaningful recovery in the…China’s appetite for US crude oil seems unlikely to show any meaningful recovery in the… […]Read More
Dubai’s discount to Brent narrowed mid-morning in Asia Wednesday, as a build in US inventories…Dubai’s discount to Brent narrowed mid-morning in Asia Wednesday, as a build in US inventories… […]Read More
Taiwan’s CPC has bought its first cargo of the US Bakken crude for delivery in…Taiwan’s CPC has bought its first cargo of the US Bakken crude for delivery in… […]Read More
India produced about 9.24 million mt of crude steel in May, up 5.2% against 8.78…India produced about 9.24 million mt of crude steel in May, up 5.2% against 8.78… […]Read More
Permian Basin gas prices have returned to positive territory in recent trading, propelled by rising…Permian Basin gas prices have returned to positive territory in recent trading, propelled by rising… […]Read More
Russian Rosneft’s CEO Igor Sechin on Thursday slammed the US’ use of sanctions to target…Russian Rosneft’s CEO Igor Sechin on Thursday slammed the US’ use of sanctions to target… […]Read More
Crude oil futures extended their gains in mid-morning trade in Asia Friday, after optimism emerged…Crude oil futures extended their gains in mid-morning trade in Asia Friday, after optimism emerged… […]Read More
Asian LPG prices slumped to the lowest level in 23 months Thursday on the back…Asian LPG prices slumped to the lowest level in 23 months Thursday on the back… […]Read More
Continued growth in exports as well as flagging output are expected to help reduce Malaysian…Continued growth in exports as well as flagging output are expected to help reduce Malaysian… […]Read More
US net export sales of wheat for the new crop beat market expectations with an…US net export sales of wheat for the new crop beat market expectations with an… […]Read More
South Korean refiners will likely extend their low sulfur crude buying spree in Kazakhstan, despite…South Korean refiners will likely extend their low sulfur crude buying spree in Kazakhstan, despite… […]Read More
UN representatives from the UAE, Norway and Saudi Arabia have briefed the UN Security Council…UN representatives from the UAE, Norway and Saudi Arabia have briefed the UN Security Council… […]Read More
A rebound in global corn prices to three-year highs and the recent announcement of a…A rebound in global corn prices to three-year highs and the recent announcement of a… […]Read More
Crude oil futures made a recovery in morning trading in Europe Friday, following news reports…Crude oil futures made a recovery in morning trading in Europe Friday, following news reports… […]Read More
Austria’s OMV further cemented its long-standing partnership with Russia’s Gazprom Friday, finally agreeing a purchase…Austria’s OMV further cemented its long-standing partnership with Russia’s Gazprom Friday, finally agreeing a purchase… […]Read More
The 97,730 dwt LNG tanker Valencia Knutsen has been circling near Shell’s Prelude FLNG vessel…The 97,730 dwt LNG tanker Valencia Knutsen has been circling near Shell’s Prelude FLNG vessel… […]Read More
European oil majors including Shell and OMV signed new cooperation deals with Russian energy companies…European oil majors including Shell and OMV signed new cooperation deals with Russian energy companies… […]Read More
The cash price for Panhandle TxOK decreased 55 cents compared with Friday to 94 cents/MMBtu…The cash price for Panhandle TxOK decreased 55 cents compared with Friday to 94 cents/MMBtu… […]Read More
The Federal Energy Regulatory Commission has received several new applications for short pipeline projects that…The Federal Energy Regulatory Commission has received several new applications for short pipeline projects that… […]Read More
The Singapore Stock Exchange reported Monday a total volume of 1.27 million mt of coking…The Singapore Stock Exchange reported Monday a total volume of 1.27 million mt of coking… […]Read More
A strike by Norwegian offshore oil and gas managers that could have cut output by…A strike by Norwegian offshore oil and gas managers that could have cut output by… […]Read More
Russia overtook Brazil again to return as the top crude supplier to China’s independent refineries…Russia overtook Brazil again to return as the top crude supplier to China’s independent refineries… […]Read More
ADNOC could soon open an oil trading office in the eastern UAE port of Fujairah,…ADNOC could soon open an oil trading office in the eastern UAE port of Fujairah,… […]Read More
Shell pledged Tuesday to continue growing its oil and gas production over the coming decade…Shell pledged Tuesday to continue growing its oil and gas production over the coming decade… […]Read More
State-owned oil producers Petroecuador and Petroperu are considering the sale or to give in concession…State-owned oil producers Petroecuador and Petroperu are considering the sale or to give in concession… […]Read More
Argentina’s crude exports are expected to grow as oil production increases and local demand for…Argentina’s crude exports are expected to grow as oil production increases and local demand for… […]Read More
Global plastics manufacturer Ineos Styrolution has nominated European June general purpose polystyrene and ABS prices…Global plastics manufacturer Ineos Styrolution has nominated European June general purpose polystyrene and ABS prices… […]Read More
Altura Mining said Wednesday it produced 15,737 wet mt of lithium oxide in May and…Altura Mining said Wednesday it produced 15,737 wet mt of lithium oxide in May and… […]Read More
Japanese refiners produced 19.1 million barrels of oil products over May 26-June 1, up 8.9%…Japanese refiners produced 19.1 million barrels of oil products over May 26-June 1, up 8.9%… […]Read More
The US natural gas market is expected to see neutral price pressure this summer compared…The US natural gas market is expected to see neutral price pressure this summer compared… […]Read More
Asian corn and soybean prices spiked as corn prices on the Chicago Board of Futures…Asian corn and soybean prices spiked as corn prices on the Chicago Board of Futures… […]Read More
A proposed pipeline expansion project connecting Natural Gas Pipeline Company of America’s existing system to…A proposed pipeline expansion project connecting Natural Gas Pipeline Company of America’s existing system to… […]Read More
The loosening of fragments along the wall at Vale’s idle Gongo Soco iron ore mine…The loosening of fragments along the wall at Vale’s idle Gongo Soco iron ore mine… […]Read More
Prices plummeted at multiple hubs following a force majeure on the Natural Gas Pipeline Company…Prices plummeted at multiple hubs following a force majeure on the Natural Gas Pipeline Company… […]Read More
US iron ore miner Cleveland-Cliffs expects a shortage in iron ore pellets to persist as…US iron ore miner Cleveland-Cliffs expects a shortage in iron ore pellets to persist as… […]Read More
Mexico began construction of the Dos Bocas refinery under a strong political message and plans…Mexico began construction of the Dos Bocas refinery under a strong political message and plans… […]Read More
US crude inventories likely fell 1.7 million barrels the week ending May 31, as refiners…US crude inventories likely fell 1.7 million barrels the week ending May 31, as refiners… […]Read More
Western Canada’s benchmark heavy crude surged in Monday trading as wildfires in Northwestern Alberta continued…Western Canada’s benchmark heavy crude surged in Monday trading as wildfires in Northwestern Alberta continued… […]Read More
Minnesota’s Court of Appeals on Monday reversed state regulators’ approval of Enbridge’s Line 3 replacement…Minnesota’s Court of Appeals on Monday reversed state regulators’ approval of Enbridge’s Line 3 replacement… […]Read More
Crude oil futures slipped in Asian mid-morning trade Tuesday, as ongoing trade tensions kept investor…Crude oil futures slipped in Asian mid-morning trade Tuesday, as ongoing trade tensions kept investor… […]Read More
The Dutch natural gas network has seen increases in imports of H-cal gas through pipelines…The Dutch natural gas network has seen increases in imports of H-cal gas through pipelines… […]Read More
Landowners’ arguments that pipeline companies improperly gain quick access to properties well ahead of compensating…Landowners’ arguments that pipeline companies improperly gain quick access to properties well ahead of compensating… […]Read More
US oil and natural gas rigs fell by 13 to 1,061 for the week ended…US oil and natural gas rigs fell by 13 to 1,061 for the week ended… […]Read More
Formosa Plastics this week was the latest US chlor-alkali producer to announce higher caustic soda…Formosa Plastics this week was the latest US chlor-alkali producer to announce higher caustic soda… […]Read More
US gasoline inventories climbed 2.2 million barrels last week to 230.94 million barrels despite a…US gasoline inventories climbed 2.2 million barrels last week to 230.94 million barrels despite a… […]Read More
The US Environmental Protection Agency on Thursday temporarily waived low-volatility rules for gasoline sold in…The US Environmental Protection Agency on Thursday temporarily waived low-volatility rules for gasoline sold in… […]Read More
Chile’s Codelco has cut its expectations for the copper price this year as continued tensions…Chile’s Codelco has cut its expectations for the copper price this year as continued tensions… […]Read More
The BO-HO factor finished in double-digit territory Thursday for the first time since April 5….The BO-HO factor finished in double-digit territory Thursday for the first time since April 5…. […]Read More
S&P Global Platts’ benchmark Chicago Argo ethanol assessment reached the highest level in more than…S&P Global Platts’ benchmark Chicago Argo ethanol assessment reached the highest level in more than… […]Read More
Oilfield services companies could be a target for future acquisitions by oil majors that need…Oilfield services companies could be a target for future acquisitions by oil majors that need… […]Read More
The US State Department still aims to target all imports of Iranian oil purchased after…The US State Department still aims to target all imports of Iranian oil purchased after… […]Read More
Crude oil futures fell more than 50 cents/b in mid-morning trade in Asia Friday as…Crude oil futures fell more than 50 cents/b in mid-morning trade in Asia Friday as… […]Read More
The Brent/Dubai Exchange of Futures for Swaps spread, an indicator of how competitively Dubai-linked crude…The Brent/Dubai Exchange of Futures for Swaps spread, an indicator of how competitively Dubai-linked crude… […]Read More
The spread between ethylene prices in Europe and Asia widened to a six-year high Thursday…The spread between ethylene prices in Europe and Asia widened to a six-year high Thursday… […]Read More
The Australian Premium White wheat price jumped $17.50/mt from it’s lowest point of the year…The Australian Premium White wheat price jumped $17.50/mt from it’s lowest point of the year… […]Read More
A total of 84% of spring wheat for the 2019-20 crop has been planted through…A total of 84% of spring wheat for the 2019-20 crop has been planted through… […]Read More
China consumed 27.06 million mt of oil products in April, down 2.4% year on year,…China consumed 27.06 million mt of oil products in April, down 2.4% year on year,… […]Read More
Russian pipeline operator Transneft said Wednesday that crude pumping has resumed at Fenyeslitke in Hungary,…Russian pipeline operator Transneft said Wednesday that crude pumping has resumed at Fenyeslitke in Hungary,… […]Read More
Oil major Total has relinquished its interest in the lucrative Block III in the eastern…Oil major Total has relinquished its interest in the lucrative Block III in the eastern… […]Read More
In the first step of its plan to transition into a US oil growth business,…In the first step of its plan to transition into a US oil growth business,… […]Read More
Crude oil futures saw a modest upswing in mid-morning Asian trade on Thursday, despite a…Crude oil futures saw a modest upswing in mid-morning Asian trade on Thursday, despite a… […]Read More
Japan’s crude oil imports from Iran dropped 42% month on month to 169,100 b/d in…Japan’s crude oil imports from Iran dropped 42% month on month to 169,100 b/d in… […]Read More
Pressure from fresh supply in the region has dragged gasoline refining margins to new monthly…Pressure from fresh supply in the region has dragged gasoline refining margins to new monthly… […]Read More
The building of new, large oil refineries in Australia is likely to remain uneconomical due…The building of new, large oil refineries in Australia is likely to remain uneconomical due… […]Read More
US net export sales of wheat slid 26.3% on week to 393,247 mt for the…US net export sales of wheat slid 26.3% on week to 393,247 mt for the… […]Read More
Industrial group GFG Alliance, the parent of expanding steel and metals group Liberty House, is…Industrial group GFG Alliance, the parent of expanding steel and metals group Liberty House, is… […]Read More
Domestic heavy melting scrap prices in Taiwan surged a total of $15.90/mt this week on…Domestic heavy melting scrap prices in Taiwan surged a total of $15.90/mt this week on… […]Read More
An unladen Mitsui-owned LNG tanker was in the Gulf of Mexico late Monday and scheduled…An unladen Mitsui-owned LNG tanker was in the Gulf of Mexico late Monday and scheduled… […]Read More
Crude steel production in April was up 6.4% year on year to 156.7 million mt…Crude steel production in April was up 6.4% year on year to 156.7 million mt… […]Read More
Oil products inventories at the Port of Fujairah climbed for a third consecutive week, led…Oil products inventories at the Port of Fujairah climbed for a third consecutive week, led… […]Read More
Barrick has earmarked an initial $1 billion to expand the life of its Pueblo Viejo…Barrick has earmarked an initial $1 billion to expand the life of its Pueblo Viejo… […]Read More
Enterprise Products Partners will extend its new Houston-area ethylene pipeline system south to the middle…Enterprise Products Partners will extend its new Houston-area ethylene pipeline system south to the middle… […]Read More
China will actively seek to import more alumina in the coming months to cover a…China will actively seek to import more alumina in the coming months to cover a… […]Read More
Ukraine’s wholesale LPG prices rose about 15% over the weekend after Kazakhstan-based Tengizchevroil (TCO) suspended…
Oil stocks at the US hub of Cushing, Oklahoma, have been steadily climbing over the…
Severe flooding in Oklahoma continues to impact crude flows to and from the Cushing oil…
Crude oil futures were lower during mid-morning trade in Asia Wednesday amid macroeconomic growth concerns…
The Dubai futures discount to same-month ICE Brent futures widened further Wednesday on waning buying…
China’s crude oil imports from Iran hit a five-year high in April at 792,380 b/d…
Philippine domestic bioethanol reference price inched up in the first half of May, up 0.4%…
Crude oil futures were higher during mid-morning trade in Asia Tuesday, shrugging off bearish comments…
The fast-approaching lower sulfur cap for global maritime shipping fuels pushed prices for specific ‘cheap’…
The Brent/Dubai Exchange of Futures for Swaps spread jumped to a near 1-year high in…
Some Japanese refiners have stepped up imports of crude from Ecuador because of the need…
Germany is not planning to tap its strategic oil reserves but is monitoring the local…
Spot marine fuel markets throughout Latin America felt pressure Friday from back-to-back days of strong…
What has been the impact of Hurricanes Harvey and Irma on Europe’s refined product and crude oil markets, and how soon will normal business resume?
As the US recovers from a devastating series of hurricanes, our editors discuss the storms’ impact on the jet fuel markets both there and in Europe.
Hurricane Harvey affected the US oil industry from the wellhead to refinery outputs, and the sector is still showing signs of slowness after the storm pummeled the US Gulf Coast.
India’s National Democratic Alliance won a second term on Thursday, a sign that the series…
Bunker testing laboratory VPS has seen a wide viscosity range in the samples it has…
In January 2018, the Interior Department unveiled a draft proposed leasing plan to open nearly…
US oil and natural gas rigs totaled 1,074 for the week ended May 22, according…
Crude oil futures were higher during mid-morning trade in Asia Friday, after recovering from an…
Angola has signed up French oil company Total and trading house Trafigura to provide imports…
Norway’s oil production slid further in April, by 1.4% from March levels and 7.5% from…
Pemex plans to implement its aggressive upstream program rapidly and expects to begin producing oil…
US crude inventories climbed 4.74 million barrels last week to 476.78 million barrels, with higher…
The amount of sugarcane crushed in the first half of May in Brazil’s key Center-South…