Latest News

North American drilling activity registered a first weekly gain in almost two months with gas rigs accounting for the increase...

TotalEnergies restarted a unit over the weekend at its Normandy refinery, while ExxonMobil wrapped up work..

Speculative net length in Brent crude futures posted a fourth consecutive week gain, propelled by a series of bullish factors, including a...

Texas was braced for a direct hit from Hurricane Beryl Monday after a northerly shift over the weekend put the Corpus Christi energy hub close to the storm's path...

Crude futures firmed again Friday to end the week sharply higher, with the threat of supply disruption in the US Gulf and Canada...

Representatives of North Sea oil and gas producers have warned the new UK government...

Crude oil futures Friday were holding at around 10-week highs as broader risk-on sentiment maintained a fourth week of solid gains...

Residual fuel prices continued to rally through the week as seasonal demand was joined by the rise in underlying crude prices, with the market...

Hurricane Beryl slammed into Mexico's Yucatan coastline earlier Friday as a Category 2bstorm, while a northerly shift in tracking models...

Cash premiums for both gasoline and naphtha firmed this week as physical demand ticked higher...

Middle East crude markets posted a fourth week of firm gains as benchmark Dubai closed at the highest level since late April...

China's independent refiner Hengyuan restarted a long residue catalytic cracking unit (LRCCU) at its 156,000 bpd refinery in...

Shell will take an impairment charge of up to $2 billion after selling its Singapore assets and pausing construction at its Rotterdam...

Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...

Gasoil cracks on both sides of the Suez held at firmer levels as a series of refinery outages continued to cripple run rates, while refineries increased jet fuel yields...

Canadian oil and gas producer Suncor Energy has shut in at least one of its oil sands platforms in Alberta...

Crude rebounded Thursday as attention turned to the US Gulf, where producers have started to evacuate offshore...

Crude oil futures in European hours Thursday were slightly lower as soft economic indicators offset any potential impact from Hurricane Beryl...

Sonatrach's planned Hassi Messaoud refinery in Algeria will start production by the end of 2027, local media reported Thursday...

Fuel oil held in the ARA region led this week's decline in oil product stocks, with only jet fuel rising...