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Logistical challenges caused by security risks on the Red Sea are driving demand for vessel bunkering in other parts of the Middle East...

India will raise its domestic refinery capacity to around 9 million bpd by the end of the decade...

TotalEnergies has restarted all but one production unit at its 238,000 bpd refinery in Port Arthur refinery in Texas nearly...

BP will adopt a pragmatic approach to its investment decisions with regards to the energy transition...

Quantum Commodity Intelligence – East-of-Suez oil prices posted gains for the first time in nearly a week as refiners welcomed Saudi's latest OSP release, and...

TotalEnergies made another oil discovery offshore Namibia although further drilling will be required to ascertain if the find is commercially viable...

Global oil markets will flip into a supply deficit by the end of 2025 as replacement barrels lag behind firming demand...

Quantum Commodity Intelligence – The biggest oil refining and petrochemical complex in Malaysia has been shut due to...

Crude oil futures Monday were climbing higher, recovering slightly after heavy losses from the previous week as investors wait for...

Quantum Commodity Intelligence – Brent crude futures dipped in a flat opening session Monday, while product cracks ticked higher, led by gasoline

Saudi Aramco has left its OSP for the flagship Arab Light crude for March loading unchanged for customers in Asia...

Firm Middle East and Latin America demand helped pull more gasoline out of Europe last month...

Quantum Commodity Intelligence –  The UAE will likely meet it target capacity of 5 million bpd with investments of $150 billion...

Brazil's domestic crude processing fell for a third month in a row in December, easing off another 0.4% from November to 1.97 million bpd...

Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...

Azerbaijan's 2024 oil output is set to continue its downward trend through 2024, falling 3% on the year to 29.5 million mt, the energy ministry...

Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...

Middle East oil prices opened the week lower as markets caught up with Brent losses after Asian markets had closed on Friday, with those...

The spread between European and Asian LNG prices is likely to remain relatively narrow for the remainder of Q1 although Asian markets should...

Spain's crude oil imports fell last year as the country shifted further away from traditional OPEC+ suppliers, largely towards the...