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Oil markets face an uncertain outlook for next year but will trend higher during 2024 with the expected Q1 surplus set to narrow...

The US State Department has warned it could reimpose sanctions on Venezuela as a border dispute with...

Saudi Aramco has cut Official Selling Prices (OSPs) on its flagship Arab Light crude for January-loading to Asia, the first reduction since...

Russia's Lukoil announced a strategic review of its Bulgarian business on Tuesday, including the possible...

Asian crude prices Tuesday steadied after slumping more than $6/b in the wake of the OPEC+ meeting, while...

Marathon Petroleum was forced into an emergency shutdown of an unspecified unit at its 363,000 bpd LA refinery...

The US Energy Information Administration (EIA) has revised upward its figures for oil shipments transiting through two crucial Middle East...

Low sulfur fuel oil futures (LSFO) in China traded lower for the third consecutive session on Tuesday after...

Crude oil futures Monday were under further downwards pressure after last week's fresh round of OPEC+ cuts did little to address...

Crude futures slumped 4% on Monday and with it any remnants of support from last week's OPEC+ cuts...

Global airline capacity rose this week as a boost in ski travel demand in Europe more than offset weaker demand in Asian domestic markets, while the end of year outlook remained unchanged...

Naphtha refinery margins in northwest Europe hit their widest in eight months on Monday in line with structure...

Brazil's crude exports and production pulled back from recent record highs in October...

European natural gas prices slumped by almost 8% Monday, as milder temperatures returned following last week's brief cold snap...

Marine fuel prices in Singapore hit their lowest levels in over four months on Monday as a November rally continued to unwind, with...

The US will take advantage of recent lower oil prices and step up the buying program to replenish its SPR...

TotalEnergies reported flaring at its 240,000 bpd Gonfreville refinery in Normandy at the weekend...

Volumes of Eurobob gasoline traded in the ARA hit a three-month high last month as suppliers turned...

A monthly boost in Spanish diesel demand in November partly offset a seasonal decline in gasoline demand to limit the...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...