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Petrobras aims to make Africa its main exploratory region outside Brazil, CEO says

07/06/2025

Petrobras PETR3 aims to make Africa its main region of development outside Brazil, the state-run oil giant’s CEO told Reuters

Asia Distillates: Diesel spot diffs at three-week high; July refiner sales in focus

07/06/2025

Asia’s middle distillates’ market activity centered around July spot refiner sales, against a backdrop of more unplanned supply outages in

Russian Urals oil to India sells at narrowest discounts since 2022, traders say

07/06/2025

Discounts for Russian flagship Urals crude oil for delivery to Indian ports in July hit their narrowest levels since 2022

Middle East Crude-Benchmarks post weekly decline as OPEC+ hikes supply

07/06/2025

Middle East crude benchmark spot premiums of Oman, Dubai and Murban posted weekly declines, as OPEC+ decided another output hike

HSBC flags downside risks to Brent price outlook due to OPEC+ supply hikes

07/06/2025

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the

Asian Gasoline margin lingers near $10/barrel

06/06/2025

Asia’s gasoline refining profit margin was little changed this week as the focus remained fixed on Indonesian Pertamina’s term tenders,

US natgas prices edge up as higher output offsets lower flows to LNG export plants

06/06/2025

U.S. natural gas futures edged up about 1% on Friday as an increase in daily output in recent days offset

Oil prices headed for rebound this week as US-China trade talks resume

06/06/2025

Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President

New South Korean president likely to boost flexibility in crude oil trade diplomacy

06/06/2025

The South Korean petroleum industry is anticipating that President Lee Jae-myung’s commitment to pragmatic diplomacy will significantly enhance flexibility in

U.S. renewable diesel production and biodiesel production declined in 1Q25

06/06/2025

U.S. production of renewable diesel and biodiesel fell sharply in the first quarter of 2025 (1Q25) because of uncertainty related

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