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Crude oil futures: ICE Brent tests $80/b on lingering geopolitical tensions; NYMEX up at $69.10/b

33 mins ago DieselGasoil Comments Off on Crude oil futures: ICE Brent tests $80/b on lingering geopolitical tensions; NYMEX up at $69.10/b
London — Crude oil futures gained in mid-morning European trading Friday on mixed cues, with ICE Brent re-testing the $80/b mark on lingering geopolitical concerns but further gains capped by soaring US inventory stocks this week. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 1045 GMT, the December Read More

UK parliamentary committee urges 2032 target for zero-emission cars, vans

3 hours ago DieselGasoil Comments Off on UK parliamentary committee urges 2032 target for zero-emission cars, vans
Singapore — A UK parliamentary committee on Friday recommended that the government bring forward by eight years its target for all new cars and vans to be emission-free to 2032. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Business, Energy and Industrial Strategy Committee said the government’s target Read More

US oil and gas rig count falls 10 to 1,161 this week: S&P Global Platts

19 hours ago DieselGasoil Comments Off on US oil and gas rig count falls 10 to 1,161 this week: S&P Global Platts
Combined US oil and gas rig counts fell by 10 to a five-week low of 1,161 amid further declines in the Permian Basin, S&P Global Platts data showed Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A second week of declines took total US rig counts 15 under Read More

Delays to aviation carbon rules a cause for concern

23 hours ago DieselGasoil Comments Off on Delays to aviation carbon rules a cause for concern
London — Carbon offset criteria expected next year Some nations disagree over eligibility, time limit Efforts to launch the world’s first global carbon market for aviation are running into delays, as the UN body tasked with implementing the system still wrestles with key rules that will govern the market, causing problems for potential market participants. Read More

Crude oil futures trend lower as market eyes US stock build; ICE Brent down to $79.01/b, NYMEX WTI $68.97/b

24 hours ago DieselGasoil Comments Off on Crude oil futures trend lower as market eyes US stock build; ICE Brent down to $79.01/b, NYMEX WTI $68.97/b
London — Crude oil futures price declines extended in mid-morning European trading hours Thursday, after the US Energy Information Administration reported that US crude stocks rose sharply last week. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 1107 GMT, the December ICE Brent crude futures contract was down Read More

Black Sea-Med Handysize freight dips on increased tonnage availability

24 hours ago DieselGasoil Comments Off on Black Sea-Med Handysize freight dips on increased tonnage availability
London — Freight rates for Black Sea-Mediterranean dirty Handysize vessels — the most widely used class to carry fuel oil and feedstocks in the European basin — have started to fall after hitting multi-month highs, due to greater tonnage availability in the Black Sea, sources said. Not registered? Receive daily email alerts, subscriber notes & Read More