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Crude oil futures Tuesday were in sharp retreat having failed to consolidate earlier gains, as benchmarks retested last week's five-month lows...

UN climate talks in Dubai ran into overtime on Tuesday and will now almost certainly run until Wednesday, although negotiators...

Crude slumped to a fresh five-month low Tuesday after a soft US inflation reading added to concerns over 2024 demand...

Physical deliveries of low-sulphur gasoil (LSGO) futures in December dropped to just 595 lots at expiry on Tuesday...

Benchmark US natural gas prices were languishing at around six-month lows Tuesday as seasonally mild weather staved off winter heating demand...

South Africa's government has backed a decision by state-owned PetroSA to partner with Russia's Gazprombank...

A tanker carrying biofuel feedstocks allegedly owned by ENI and destined for Italy has been attacked by Houthi militants...

Naphtha cracks versus ICE Brent futures in Asia continued to spike this week, extending a rally that has lasted since...

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

High-sulphur fuel oil values have firmed in northwest Europe and Asia since China announced new...

The brief rebound in Asian crude prices came to a halt Tuesday but of more concern for producers will be the crunch in market structure, a...

The wave of consolidations in the US shale belt continued Tuesday as it was announced Occidental Petroleum had agreed to buy rival Crown...

Venezuela's President Maduro will seek a peaceful and diplomatic solution to its border...

Crude oil futures Monday were higher following a late rally after benchmarks initially struggled to consolidate the previous session's cautious recovery...

European jet fuel values have retreated from unseasonably high levels this time last month, with supply...

Brent futures dipped on Monday as investors weigh the likelihood of an oil supply surplus next year...

The OPEC+ producer alliance will have to maintain supply discipline throughout 2024 in order to keep global oil markets balanced...

Global air capacity increased again this week as demand ramps up into the Christmas peak, travel data company...

China's state-owned energy major CNOOC has started building the biggest underground commercial crude oil storage facility in the country as...

OPEC+ crude production eased in November as several members of the group that had be productizing above agreed quotas trimmed output...