Crude oil

Premiums for Russian ESPO Blend oil weaken on poor Chinese refining margins

China and India represent the two biggest markets for Moscow, and the price moves are capping its revenues.

ADNOC signs two strategic collaboration agreements with Indian partners

The agreements build on ADNOC’s expanding partnerships with Indian companies across crude, LNG and LPG supply, as well as energy storage opportunities, supporting India’s growing energy demand and long-term economic growth.

Iran, Ukraine wars deliver worst hit in years to oil refining output

Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand.

Vietnam state oil company urges U.S. Navy to allow tanker through blockade

The U.S. military has expanded its shipping blockade on Iran to include cargoes deemed contraband, although it has said other oil exports from the Gulf are free to sail through.

U.S. EIA concedes Middle East supply disruptions are far worse than prior estimates

Iran's blockade of the Strait of Hormuz continues to wipe off millions of barrels of global oil supply every day the conflict drags on.

Italy's Ludoil buys Sicilian refinery as war squeezes Europe's fuel supply

The Iran war has laid bare Europe's dependency on the Middle East for the supply of jet fuel and other refined products.

Nigeria fuel demand rises as Dangote drives near-full refining capacity

Average daily petrol consumption rose to 51.1 million liters, slightly above the 50 million liters benchmark levels, while diesel demand climbed to 17.3 million liters a day.

Japan refinery runs climb to over 70% on alternative supply, stockpile releases

From March 16, the government has also made available oil from its stockpiles equal to about 75 days' worth of consumption to soften the blow from the supply shortage due to the largely closed Strait of Hormuz. This is Japan's biggest oil release ever.

Japan's Idemitsu returns to fossil fuel focus in new medium-term plan

AMETEK Spectro Scientific introduces TruVu 360™ Fluid IQ analytics and intelligence solution

Onsite oil analysis is essential for keeping critical assets running reliably. However, traditional approaches often rely on delayed lab results, fixed sampling intervals and test data viewed in isolation. These constraints can obscure emerging issues and make it difficult to predict when change is coming.