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Shell has pulled out of a deal to build a petrochemical plant in Iraq, the company and industry officials confirmed Tuesday...

East of Suez oil prices were higher once again, rallying for a sixth consecutive session Wednesday as the upward trend remained firmly intact...

Kuwait has left its Official Selling Price (OSPs) unchanged for its main export grade loading in March, following...

Fuel oil stocks at the Middle Eastern bunkering hub of Fujairah were down 2% last week despite bad weather hampering operations, while...

The spread between gasoline and naphtha prices in Asia has widened to the highest point since...

US crude oil stocks posted a much higher-than-expected build for the week ending 9 February, although steep draws in refined products more than offset...

Crude oil futures hours Tuesday were higher as markets maintained the upwards trend seen so far during the first half of February...

Brent crude futures were testing recent highs Tuesday after OPEC maintained its robust oil demand outlook...

US tight oil output slumped in January as the effects of freezing temperatures shut in production at key producing regions, although...

European gasoline exports to west Africa are set to tumble this month as regional processing

OPEC held its forecast for oil demand growth this year and next unchanged on Thursday...

Natural gas in both the US and Europe extended the steep losses registered over the winter months, as both continents emerge from the peak-demand months...

Operations at the Gulf's main bunkering port have been delayed by two days of bad weather, with storms at the start of the week continuing...

The Italian government will seek commitments from Vitol on oil supplies and local jobs after the trading house...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums on the Middle East medium sour crude expected...

Middle East oil prices were higher for a fifth session Tuesday as Singapore traders returned from the extended holiday weekend, while the...

Quantum Commodity Intelligence –Indonesia's state-owned energy major Pertamina will slash the refining capacity at its Balikpapan refinery by...

Mexico's state-owned Pemex has had to shut units at its 190,000 bpd Madero refinery because of a gas leak...

Saudi Arabia's trading entity has made its debut trading benchmark crude grades in the Platts MOC North Sea crude window...

Azerbaijan produced 2.5 million mt of crude oil and 1.6 billion cubic metres of natural gas in January, the country's energy minister said...