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European diesel margins climb as refinery output increases

European diesel margins climb as refinery output increases
European diesel margins increased on Friday as the low-sulphur gasoil futures premium to Brent crude widened by $1.44 to $76.52 per barrel by 1530 GMT. High diesel margins are pushing refiners to increase diesel production, according to James Noel-Beswick of Sparta...
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Oil majors pile in on Americas projects to plug production gap

The world’s major oil companies are sharpening their focus on Americas oil and gas projects and tightening their belts for future price volatility as the Middle East war continues to stifle production. Global energy producers continued to enjoy a surge in profits in...
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Strategic changes in a key crude oil shipping lane as unrest continues

Strategic changes in a key crude oil shipping lane as unrest continues
Iran has granted special permits to some Iraqi oil tankers seeking to pass through the Strait of Hormuz. With passage through the Strait of Hormuz, a key crude oil shipping lane in the Gulf, heavily restricted amid U.S.-Iran tensions, Iran made an exception for Iraq,...
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Vitol and Olam Agri complete CNSL co-processed VLSFO bunkering in Singapore

Global bunker supplier Vitol Bunkers and agricultural firm Olam Agri have completed a bio-bunkering operation in Singapore using VLSFO co-processed with cashew nutshell liquid (CNSL), demonstrating the fuel’s performance during a full commercial voyage. The operation...
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Iran lets Iraqi oil tankers pass Hormuz as Trump claims “total control”

Iran lets Iraqi oil tankers pass Hormuz as Trump claims “total control”
Iran has granted permission for a number of Iraqi oil tankers to transit the Strait of Hormuz following repeated requests from Baghdad, state news agency IRNA reported on Saturday. The concession followed a visit to Iraq by Iranian Parliament Speaker Mohammad Bagher...
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Nuclear maritime investing: SMR stocks and LNG shipping in a shifting energy landscape

Nuclear maritime investing: SMR stocks and LNG shipping in a shifting energy landscape
When one of America’s largest LNG export hubs formally endorses nuclear-powered shipping, it is not a press release — it is a policy signal that reprices an entire asset class. The Port of Corpus Christi’s alignment with nuclear maritime propulsion marks the moment a...
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Recent News

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  • Deepening supply crisis keeps European diesel prices near record high
  • Iran’s long reach: Saudi’s east–west pipeline under fire
  • Argentina soybean oil gains as Brazil premium narrows amid fresh supply data
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