Category: News

PPA SA has reported its financial results for the first quarter of 2025, demonstrating impressive growth despite ongoing economic challenges.…

Asia’s refining cracks for 380-cst high sulphur fuel oil (HSFO) surged to a multi-year high on Wednesday, driven by a…

Oil product inventories at the UAE’s Port of Fujairah saw a significant decline of 5.9% in the week ending April…

The VHBS New ConTex Container Ship Time Charter Assessment Index for Week 18 indicates a period of stagnation in the…

The recent tariff increases imposed by the US and China, effective from April 25, have considerable implications for dry bulk…

Ship demolition activity remains subdued as market conditions persist under pressure. Best Oasis, a prominent cash buyer, reported that the…

The European Central Bank (ECB) officials have raised serious concerns about the future of the euro zone economy, warning that…

Economists are increasingly concerned about the risk of a global economic recession in 2023, as reflected in a recent Reuters…

Asia’s gasoline refining profit margins saw an increase last week as demand remained strong, particularly with the driving season approaching…

Oil price forecasts have experienced significant reductions as analysts anticipate weaker demand for the latter part of 2025. This decline…