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Nigeria’s Glut of Unsold Oil Starts to Shrink as Prices Weaken

“We’ve got much weaker margins so cru...

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Diesel in the Doldrums as Weak Demand Prompts Refiner Run Cuts

Oil

 May 14, 2024

European diesel weakness is also being driven by elevated US flows ...


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Russia's refined oil product exports to Singapore to hit highest this year in May, traders say

Oil

 May 10, 2024

"The refinery (attack) impact wanes off through May and June, which...


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Shell's Singapore refinery sale and its market significance

Oil

 May 09, 2024

It is likely that the refinery will continue to process mostly sour...


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Gasoline demand growth to slow this year on EV growth in China, U.S.

Oil

 May 06, 2024

In Europe, gasoline demand will grow by 50,000 bpd or 2.3% in 2024 ...


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Heavy oil shortage spells higher cost for shippers, road builders

Oil

 May 03, 2024

Refiners can balance a lighter crude diet by feeding residual fuels...


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Nigeria’s Dangote Oil Refinery Ramps Up Production With US Crude

Oil

 April 18, 2024

“The refinery is already having a sizable impact on product markets...


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Oil Traders Weigh Risks of Iran-Israel Conflict in Tight Market

Oil

 April 14, 2024

Prices, which already include a risk premium of about $10 a barrel,...


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Oil prices slide on stronger dollar, potential Middle East tensions alleviation

Oil

 March 28, 2024

Oil prices declined on Friday due to the potential for a ceasefire ...


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