Latest News

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...

Arbitrage economics allowing diesel exports to Europe from Asia worsened this...

The Nghi Son refinery in Vietnam has restarted a week earlier than planned after...

Asian crude oil prices Tuesday were marginally lower but consolidating the week's gains, while gasoil cracks...

Oil product stocks rebounded 6% last week thanks to a big build in light end inventories, although overall availability remained just...

Scheduled maintenance has started on the 310,000 bpd MiRO refinery in Germany...

South Korea is considering a further expansion of its crude oil stockpile as the ongoing clash...

Qatar's state energy giant QatarEnergy and US-based Chevron Phillips Chemical (CPChem) have secured large financing for their joint...

Crude futures eased on Tuesday as traders weighed demand concerns with...

British energy major BP said it is committed to reaching its previously set out climate targets ahead of a two-day...

Brazil's Petrobras said on Tuesday its domestic refineries reached 95.8% utilisation...

Crude oil futures Tuesday were slightly lower but markets remained choppy with the initial turmoil in Israel largely priced in....

A persistent rally in crude oil prices could impact already anaemic economic...

Seasonal restocking gathered pace last month as European refineries stepped up processing...

Naphtha is pointing again towards Asia from Europe as its competitiveness versus alternative...

he suspension of natural gas production at the Tamar field off the coast of southern coast of Israel is having a major impact on European gas prices...

Vietnam's September crude imports slipped almost a fifth in September as scheduled refinery maintenance knocked out demand from the...

Freight rates to ship barges along the Rhine River soared this week to hit two-month highs as demand picked up after...

Asian oil prices continued to rebound Monday, with investors factoring a risk premium after...

Mexico's state-owned oil company has targeted crude throughput of 1.6 million bpd in 2024...