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Fund Elliott Investment Management has taken a $1 billion stake in US oil producer and refiner Phillips 66 and is looking to take two board...

US gasoline stocks were overall higher last week as seasonal demand declined, but continued to tighten...

Loading delays on the Black Sea continued into a third day with high winds and big waves threatening to persist through the week...

Asian naphtha cracks continued to rise and were drawing in on a seven-month high during trade on Wednesday as growing delays at the Panama...

Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...

A 1.7-million-barrel draw from residual fuel inventories in Fujairah led oil product stocks lower last week as tight supply across Asia due to...

India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...

Premiums for ULSD diesel barges over underlying futures and their equivalent cargo-sized parcels in the...

Distillates led a decline in Japan's refined product stocks last week, despite higher domestic refinery runs...

Around 61,000 bpd of US Gulf oil supply remains shut-in nearly two weeks after a pipeline leak near the mouth...

South Korea's current plan to boost its liquified natural gas (LNG) infrastructure in reaction to the ongoing war in Ukraine and...

Domestic prices for liquified petroleum gas (LPG) in China are expected to rise in December as poor refining margins...

US crude oil stocks posted a modest decrease for the week ending 24 November, while key refined products showed mixed results...

Crude futures climbed Tuesday on hopes an OPEC+ deal would be reached in time for this week's delayed meeting...

Brent crude oil futures Tuesday were cautiously higher, moving back above the $80/b mark, as traders waited for further news on...

Nigeria's national oil company NNPC expects to start operations at a second domestic refinery...

Disruption in Kazakhstan's oil output persisted for a second day on Tuesday after a violent storm hit the Black Sea region and disrupted loading...

Europe is struggling to attract diesel from the US Gulf amid sky-high transatlantic freight costs, which have risen as a result...

Talks surrounding the upcoming OPEC+ meeting continued Tuesday and while the group, has yet to reach any agreement but market watchers are swaying towards...

TotalEnergies has restarted several units at its Port Arthur refinery after months of planned...