Speculators sold a little short of 14,000 lots as of 29 September, decreasing net-long positions in Brent futures to over 204 ...

Rough winds of more than 25 knots and swells higher than 2 metres are forecast between 9-10 October, which may disrupt supplies in the port. The front-month ICE Brent contract has gained by $3.07/bbl ...

Zhoushan's Hi5 spread is unchanged at $54/mt, as VLSFO and HSFO rose by the same amount. Fujairah's Hi5 spread has widened from $239/mt to $283/mt, while Singapore's has narrowed from $131/mt to ...

The UK government has imposed a package of 31 sanctions targeting Russian LNG tankers and bunkering vessels, among others. The new sanctions package targets eight vessels, including LNG tankers and ...

Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman have decided to keep production steady next month – maintaining the same policy as October – after months of output hikes to unwind the ...

The G7 countries will collectively release up to 100 million bbls of emergency crude oil and diesel stocks over the next four months, French President Emmanuel Macron said at a recent press conference ...