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US independent PBF Energy has shut an unspecified unit at its 160,000 bpd refinery in California...

Iran attempted to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, the latest in a series of tanker-related incidents...

There is further downside in store for crude prices as market attention shifts towards stock builds next year...

A unit at Germany's 120,000-bpd Neustadt refinery has been shut down after a fire broke out Tuesday...

Oil markets will start tightening in the second half of the year, according to Energy Aspects, highlighting backwardation in the Dubai crude benchmark...

Fuel oil stocks in the Middle Eastern bunkering hub of Fujairah continued to recover last week, touching a four-week...

Chemical giant Ineos has acquired TotalEnergies' 50% stake in its Lavera petrochemical assets in southern France...

Dubai crude prices were marginally higher Wednesday while holding around the $75/b mark...

The premium for naphtha in Asia is at its widest versus Europe since January, as regional demand...

Saudi Arabia's Energy Minister said Wednesday that the OPEC+ cooperation remains strong, while the alliance will do "whatever necessary" to...

Japan's crude runs rebounded further last week as a heavy seasonal maintenance draws to a close...

Crude oil futures Tuesday were climbing higher as investors weighed up the impact of the latest output cuts announced by Saudi Arabia and Russia...

Crude prices rebounded 2% during a thinly traded session thanks to a US national holiday on Tuesday, with...

Abu Dhabi's Adnoc and Austria's OMV are exploring a multi-billion dollar consolidation of their respective...

Russia's seaborne crude oil exports dropped by 10% in June, registering the lowest levels since February of this year...

OPEC's crude output in June continued to fall as producers trimmed output after announcing an additional round of cuts...

Dubai crude was little changed for a third session, with Monday's announced output cuts so far having little impact on...

Jet's premium over diesel hit a fresh high this week in northwest Europe as summer air travel...

Ultra-low sulphur diesel loadings at the Russian Baltic port of Primorsk are set to hit a three-month high...

Swiss authorities are looking into the activities of Geneva-based Paramount Energy with regards to the oil trading firm's shipping of Russian oil and possible...