The oil markets were slow to react to obviously bullish catalysts such as supply cuts, falling inventories and growing demand when they first kicked in about three months ago. Indeed, it appeared that the bears were about to overrun the ...  +

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. Read Article  +

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. Read Article  +

Saudi Arabia is expected to prolong its voluntary 1 million-barrel oil supply cut into September as it seeks to support the rebound in oil prices. The top OPEC producer introduced the additional cutback this month in a bid to support hig...  +

Despite the optimism from some analysts that this week's oil rally spurred by tight global supplies may have legs, the latest rate hike from the U.S. Federal Reserve combined with a mild U.S. crude inventory draw was all it took to send ...  +

Despite the optimism from some analysts that this week's oil rally spurred by tight global supplies may have legs, the latest rate hike from the U.S. Federal Reserve combined with a mild U.S. crude inventory draw was all it took to send ...  +

Saudi Arabia is expected to prolong its voluntary 1 million-barrel oil supply cut into September as it seeks to support the rebound in oil prices. The top OPEC producer introduced the additional cutback this month in a bid to support hig...  +

Asia’s naphtha refining profit margin flipped back into discounts on Monday in the absence of trades at the window but the price of first-half September naphtha rose by $2 to $604.75 a metric ton. Read Article  +

Asia’s naphtha refining profit margin flipped back into discounts on Monday in the absence of trades at the window but the price of first-half September naphtha rose by $2 to $604.75 a metric ton. Read Article  +

Northwest European diesel barge refining margins climbed to their highest since late March at about $27 a barrel on Friday, even as regional stocks rose, amid stronger demand. Read Article  +