The China Petrochemical Corporation (Sinopec Group), the country’s largest oil refiner, has announced that its Shengli Oilfield, driven by technology

Asia’s gasoline margins slumped on Tuesday, as a rebound in supply from China seems to inverse the upside that was

Dutch and British wholesale gas prices were down on Tuesday morning amid profit taking and after a media report that

In the past three months, central banks in the US, UK, and Europe have started cutting interest rates as inflation

French oil major TotalEnergies TTEF.PA expects its third-quarter downstream results to sharply decrease due to a 65% drop in refining

U.S. stocks turned lower on Tuesday as investors scrutinized a spate of corporate earnings while crude extended its slide due

Highlights

• World oil demand is on track to expand by just shy of 900 kb/d in 2024 and close to 1 mb/d in 2025, marking a sharp slowdown on the roughly 2 mb/d seen over the 2022-2023 post-pandemic period. China underpins

OPEC cut its estimate for China’s crude oil demand growth in 2024 for a third straight month in October, but

Spot premiums for Middle East crude benchmarks — Oman, Dubai and Murban — slipped for a second session on Tuesday

Asia’s middle distillates markets saw a slip in prices on Tuesday, amid weakness across the energy markets and thinner paper