Latest News

US gasoline inventories jumped for the second week, as higher imports combined with flat...

Shell announced plans to cut its capex spending, boosting its shareholder distribution while maintaining...

Several of the world's trading giants have squared off this month in the Platts-operated Dubai crude...

Russian revenues from exports of crude and oil products in May fell to its second lowest monthly level...

Middle East crude markets sharply higher Wednesday, largely regaining early-week losses, but were...

Marine fuel sales in the Asia-Pacific bunkering hub of Singapore increased for the third straight month

Refinery margins for diesel in northwest Europe are at their widest in two months as disruption..

Chinese refiners have been issued with a third batch of crude oil import quotas, taking the total issued to refiners so far in 2023 to...

Oil demand growth will slow rapidly in the next few years and peak altogether for combustible fossil fuels...

Inventories of fuel oil in the Middle Eastern bunkering hub of Fujairah slumped to a four-month...

Japanese stocks of oil products fell for the fourth straight week to a seven-week low in the seven day...

Crude oil futures Tuesday were sharply higher as markets rebounded from two sessions of heavy losses, underpinned by slowing US inflation...

CitiGroup's Ed Morse and leading a bearish voice among oil commentors for the past 18 months has reiterated his negative outlook for crude oil...

Brent crude oil futures rallied for the first time in the past four sessions as US inflation eased to its...

Iraq and Turkey are set to resume technical talks by early next week on restarting exports from Iraq's northern oil...

Several ports in the Indian state of Gujarat have been closed and offshore oil installations evacuated

Kuwait has increased its Official Selling Prices (OSPs) for its key export grade loading in July, largely tracking the increases announced by...

Over one quarter of the world's largest companies plan to use carbon dioxide removals to achieve their net zero...

The crude oil producer group OPEC warned that high inflation and rising interest rates may cause...

Nigeria's oil output rebounded last month as strikes at facilities operated by ExxonMobil ended...