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Portuguese oil producer Galp said Tuesday it would need a partner to help develop its huge Namibian discovery and provide most of the...

Bunker demand for residual fuel oils in Rotterdam recovered notably from a slump seen at the end of last year, although sales remained at the...

The average price for Middle East Dubai crude climbed for a fourth consecutive month in April, as oil prices maintained the solid performance so far in 2024...

Austria's OMV group expects margins at its beleaguered petrochemical business this year...

The Hi5 spread in the Asia fuel oil market continued to narrow at the start of the week, with the spread fast approaching the crucial...

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

The President and CEO of Neste, Matti Lehmus, announced late Monday he would step down in mutual agreement...

Middle East Dubai benchmark closed slightly lower on the day but still posted gains of over $2/b on the month, a move that helped to lift gasoil...

Trade in Canadian heavy crude oil from the Pacific coast is continuing at a steady pace with India's Reliance the latest refiner to secure crude...

Japan's domestic fuel demand in March dropped to the lowest level since October last year despite...

Brazil's Petrobras reported a dip in first quarter output Tuesday as both its prolific pre-salt assets...

Iraq's crude oil exports pulled back slightly in March, with monthly figures from the Oil Ministry released Monday calling exports at 3.42...

Venture Global LNG is likely to start operations at its Plaquemines LNG facility in the coming months, according to a filing to the US...

The world's biggest oil refining country has lowered the price ceiling for domestic gasoline and...

Crude oil futures opened the week lower amid reports of fresh attempts to broker a cease fire between Israel and Hamas...

Crude and refined product prices eased Monday as Middle East peace talks were balanced against OPEC+ cuts...

Petroineos has restarted an unspecified unit at its 150,000 bpd refinery in Grangemouth...

Polish Prime Minister Donald Tusk has called on the country's prosecution and security services to look at alleged connections...

Russian crude processing is expected to return to normal levels by the end of the second quarter...

The arbitrage spread between naphtha prices on both sides of the Suez fell sharply amid...