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The world's largest oil company Saudi Aramco has entered into an initial agreement to purchase LNG from NextDecade...

he US Environmental Protection Agency (EPA) was hit by three lawsuits Thursday representing more than 30 industry bodies...

Standard Bank, Africa's largest lender by assets, is set to provide financing for the controversial East African Crude Oil Pipeline...

The UK Labour Party, which is odds-on to form a new government next month, said Thursday it would bring forward plans to ban new...

South Korean refiner Hyundai Oilbank has temporarily cut run rates at its 520,000 bpd Seosan refinery after a processing error...

Asia's premium over European naphtha has dropped markedly this week on fading regional demand...

East of Suez Dubai crude benchmark retreated for the first time in seven sessions and dropped below Brent for the first time in six weeks, while...

Angola has threatened to pull out of a deal with US-based consortium Quanten to build a new 100,000 bpd refinery...

Gasoline from the 650,000 bpd new Dangote mega refinery in Nigeria is not expected to reach the domestic market...

Middle distillate stocks in the Asian fuel storage hub of Singapore fell sharply last week thanks to improved fundamentals supported by...

The spread between high sulfur and low sulfur fuel oil prices at the Chinese bunkering hub at Zhoushan has dived in recent weeks as...

Crude futures surrendered early gains Wednesday after a surprisingly bearish EIA report...

The European Commission is set to impose massive tariffs on Chinese electric vehicle (EV) imports

US diesel stocks rose for the third straight week at the start of June even as implied demand rebounded...

Crude oil futures Wednesday surrendered earlier monthly highs after a bearish EIA report  offset the bullish outlook from OPEC...

US commercial crude oil inventories posted an unexpected increase last week as imports reached multi-year highs to meet healthy refinery utilisation rates...

US gasoline stocks jumped by the most in nearly four months last week as sharply higher imports...

The price difference between diesel cargoes loading in Asia and landing in...

Oil production from the giant Permian Basin is set to grow another 7.5% this year and a further 5% in 2025...

Spain ramped up crude imports in April to its meet its rapidly growing product demand