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Asian air passenger demand is set to return to pre-pandemic levels in 2024, the Association of Asia Pacific Airlines (AAPA) said Wednesday...

QatarEnergy has announced a number of engineering contracts that will boost production at the offshore Al Shaheen oil field...

Naphtha is being replaced by propane as a preferred feedstock for petrochemical producers...

The municipality of Greenview in Canada has penned a memorandum of understanding (MoU) with Interprovincial Fuel Solutions to develop a petrochemical facility..

Brazil's Petrobras has targeted an additional 290,000 bpd of ultra-low diesel production by the end of the decade...

Asian crude prices were slightly higher on the day Wednesday as benchmark Dubai registered the sharpest monthly gains since September...

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

A hedge fund operated by high-profile manager Pierre Andurand continued to struggle during the second half of 2023...

The United States' Department of Energy (DOE) is looking to buy another 3 million barrels of crude as it slowly restocks its Strategic Petroleum...

Demand for middle distillates in Japan continued to grow in December largely underpinned by a sharp rise in...

Fuel oil stocks at the Middle Eastern storage hub of Fujairah fell to a four-week low as demand from vessels calling at the port to bunker picked...

ExxonMobil will shut two of its five European refineries for scheduled works this Spring, removing around 320,000 bpd of combined...

The Chinese government introduced the biggest increase in domestic price ceilings for gasoline and diesel in nearly four months as...

Middle distillate stocks in Japan continued to fall for the week ending January 27 amid a surge in gasoil exports underpinned by...

US crude oil stocks posted a slightly larger-than-expected decline for the week ending 26 January, while refined products...

The US will not renew sanctions relief provided to Venezula's oil and gas sector when it expires in April...

US refiner Marathon expects a heavy maintenance schedule to support Q1 margins during the shift to summer-grade gasoline...

Diesel led European product prices lower Tuesday as concerns over Chinese demand...

Crude oil futures Tuesday were climbing higher, albeit amid choppy trade, as turmoil in the Middle East was tempered in part by concerns...

The Trans Mountain Expansion (TMX) pipeline will face a further delay before the first crude exports start loading from the Canada's Pacific coast...