Latest News

Energy major Shell has warned investors it expects a big hit to its biggest profit-making unit...

Crude oil futures Thursday were little changed as markets consolidated the slim gains made since Monday's announced cuts from Saudi Arabia and Russia...

Brent crude futures capped earlier losses on a bullish US stock report, which showed larger-than-expected...

The chief executive of TotalEnergies launched a robust defence of the energy giant's greenhouse gas emissions...

US gasoline inventories drained for the first time in five weeks at the end of last month...

US distillate stocks fell 1% to a four-week low in the last week of June as deliveries jumped 15%...

US crude oil stocks surprised with a bigger-than-expected draw in commercial inventories last week...

Diesel held in the ARA region dropped below 2 million mt this week for the first time since December..

Notional gasoline margins have slumped this week – led six-month lows in Asia...

Big import volumes helped to lift Singapore's residual fuel stocks again last week, while demand for gasoline across the...

Saudi Aramco has increased premiums on Official Selling Prices (OSPs) for August-loading crude to Asia, after extending output cuts for another month...

UK gasoline demand hit a 23-month high during June, preliminary government data showed...

Domestic demand of gasoline in Nigeria has fallen 28% in June after the government slashed generous...

US energy giant ExxonMobil expects second-quarter profits to slide around $4 billion compared to the first quarter...

Middle East crude prices maintained a steady uptrend Thursday as Dubai reached two-week highs, while...

The UAE's crude production capacity has rocketed to 4.5 million bpd as Adnoc's rapid expansion lifts output towards its 5 million bpd target...

Kuwait's state-owned KPC has brought the final phase of its giant Al-Zour refinery on line...

Crude oil futures Wednesday nudged higher, although prices continued to see-saw as markets again faced conflicting signals...

Crude prices pushed higher on Wednesday as Saudi Arabia's energy minister vowed to do 'whatever necessary'...

OPEC has invited Azerbaijan to become a permanent member of the oil-producing bloc..