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Exxon beats estimates, ends 2023 with a $36 billion profit

04/02/2024

Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and

Oil falls as US jobs data dents hope for near-term rate cuts

03/02/2024

Oil prices fell by about 2% on Friday and were headed for weekly losses after U.S. jobs data shrank the

Asia Naphtha/Gasoline-Naphtha margin shrinks by 30% on the week

03/02/2024

Asia’s naphtha markets fell by about 30% this week as high prices due to supply disruption worries from drone attacks

S-Oil says refining margins forecast to stay above average in 2024

03/02/2024

South Korea’s S-Oil 010950.KS, whose main shareholder is Saudi Aramco 2222.SE, forecast on Friday that 2024 refining margins will maintain

Chevron Reports Fourth Quarter 2023 Results

03/02/2024

Chevron Corporation (NYSE: CVX) reported earnings of $2.3 billion ($1.22 per share – diluted) for fourth quarter 2023, compared with

Middle East Crude-Oman, Murban rise as OPEC+ maintains output cuts

03/02/2024

Middle East crude benchmarks Oman and Murban ticked up on Friday as OPEC+ kept current output cuts in place and

Rising US oil production frustrates OPEC⁺ cuts

03/02/2024

U.S. oil and gas drilling has slowed in response to the fall in prices over the last 18 months, but

Asia Distillates-Markets close the week mixed, jet fuel deal emerges

03/02/2024

Asia’s middle distillates markets for the week were mixed and driven by lingering freight cost concerns, sufficient Chinese supplies for

Europe Gas: Prices stable amid strong wind power, mild temperatures

03/02/2024

Dutch and British gas prices were stable on Friday morning as strong wind power output and mild temperatures for the

Russian oil price cap coalition issues enforcement alert -US Treasury

02/02/2024

The G7 price cap coalition imposing a price cap on Russian oil issued an enforcement alert detailing ways that market

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