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The US has imposed sanctions on two shipping companies for breaches of the price cap imposed on Russia oil sales...

US gasoline stocks recorded a surprise draw last week, as exports hit a 2023-high and demand...

Saudi Arabia's energy minister Prince Abdulaziz bin Salman has said the Kingdom's voluntary crude output reduction will continue for as long as it is necessary

OPEC trimmed its expectations for a supply shortfall this year and next on higher crude...

Asian crude oil prices Thursday were lower for a second session as East of Suez markets continued to pull back from the highs earlier in the...

The International Energy Agency stands ready to keep oil markets adequately supplied if...

Oil product stocks fell across the barrel in Singapore last week as a big fall in residual fuel inventories led the way lower to leave...

The EIA sees sharply higher crude prices next year on tightening supplies...

pan's product stocks fell last week led by declines in light ends...

South Korean power generator Korea Midland Power Co (Komipo) is bidding for a long-term supply of liquified natural gas (LNG) for its...

US crude oil stocks posted an unexpectedly steep rise for the week ending 6 October...

Privately owned Chinese refiner Hengli Petrochemical has won a licence to supply bunkers fuel in the country's largest ship fuelling hub through...

Saudi Aramco is in the process of finalising an equity investment in a top independent refiner based in...

Crude oil futures in European trading hours Wednesday were lower for a second session...

Crude futures and European product prices fell on Wednesday as fears the Hamas-led attack...

Global oil demand continues to grow in the EIA's annual World Energy Outlook...

Kuwait has left its Official Selling Price (OSPs) for its main export grade loading in November unchanged...

President Vladimir Putin said Wednesday that Russia will continue its cooperation with other oil producers as part of the OPEC+ alliance...

Israel's Oil Refineries Limited (ORL) has reportedly rescheduled a 30-day planned maintenance...

ExxonMobil has agreed to buy Pioneer Natural Resources in a $59.5 billion deal that will boost the company's presence in the US shale...