The diesel contract, while slightly lagging today, has had a strong week when compared to the rest of the petroleum complex. Front-month ULSD is currently up some 4cts at $2.1549/gal while June last ...

In the spot market, New York Harbor prices were up by about 10cts as OPIS has begun pricing low-RVP summer- grade barrels in that market. Spot Los Angeles CARBOB values were up by about 6cts near ...

China tax brief for March 2025, we spotlight policies and measures just announced or scheduled for implementation.

The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 billion to finance the purchase of refined products within Africa as part of broader plans to ...

Oil prices rose yesterday despite OPEC making some small downward revisions to demand growth estimates. Clearly, the market is more focused on tariffs and what they mean for oil demand.

Brookfield Asset Management through its infrastructure business will buy Colonial Enterprises in a deal that gives the refined-oil products pipeline firm a roughly $9 billion enterprise value.

Oil prices dived to their lowest in more than three years after China hit back at U.S. tariffs.

The Dangote Refinery has further reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N835 ...