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European markets reopened after the long weekend sharply higher Tuesday amid signs of improved...

Asian refiners could be slower to pick up run rates in the coming weeks after the current maintenance period, with persistently weak...

Production has been halted at the North Sea Buzzard oil field, potentially impacting overall flows and quality of the benchmark Forties grade...

Italian refined product deliveries picked up last month as travel demand firmed going into the Easter holidays

Air travel in Asia continued its strong recovery through April as seat sales rose a third compared to last year, although overall demand is still...

Uncertainty over the start date for the Golden Pass LNG plant on the US Gulf Coast could impact US natural gas prices and poses a downside risk...

Contango in the Asian middle distillates market continued to narrow during trade on Tuesday as a week-long run in the M1/M2 spread...

Nigeria's 650,000 bpd Dangote refinery will start exporting ultra-low sulphur diesel (ULSD) next month...

The 2023 Atlantic hurricane season will likely bring an above average number named storms, as US weather watchers factored in the likely impact of...

Texas-based Global Oil Terminals has been granted a waiver to continue importing asphalt from Venezuela after Washington...

East of Suez crude prices Thursday extended the week's firmer tone amid the broader recovery in global markets, while gasoil structure...

A record number of passengers were recorded at US airports in the run up to Memorial Day weekend...

BP and Shell have agreed to sell their defunct Sapref refinery in South Africa to state-owned Central Energy Fund...

Iran has lifted Official Selling Prices for its flagship Iranian Light grade, broadly following the trend for higher June OSPs from regional suppliers...

Finland-based biofuel and feedstock provider Neste has struck an agreement with Japanese chemicals company Resonac on the...

Iran's nuclear capabilities have come under close scrutiny once again following a confidential report from the UN's nuclear watchdog...

South Korean refiner HD Hyundai Oilbank will begin co-processing to produce sustainable aviation fuel and bionaphtha...

Crude oil futures Monday were climbing higher, as markets looked for fresh impetus...

North American drilling activity extended the 2024 retreat as the sector lost another four units with gas leading the losses...

India's April crude oil refining pulled back about 8% from March's record high through April as a series of scheduled turnarounds at the...