Latest News

One of the EU's top officials has called for a clampdown on India reselling Russian oil as refined fuels into Europe...

The US Department of Energy (DOE) announced late Monday that it will purchase up to 3 million barrels...

Crude oil futures Monday were climbing higher as tightening supplies vied with concerns over the US economy...

ICE Brent crude oil and LSGO futures rebounded at the start of the week as tight energy supplies were...

A fire which broke out at Marathon's 633,000-bpd Galveston Bay crude oil refinery, south of Houston, Texas...

US natural gas pipeline operator ONEOK Inc. has agreed to acquire all outstanding units of Magellan Midstream Partners...

Pakistan's crude and gasoline imports slipped to multi-month lows in April as data from the Oil Companies Advisory...

Naphtha cargoes in Asia are at their widest premium to Europe since the turn of the year on a brighter outlook...

Shipping costs for the largest class of oil tankers on benchmark Middle East Gulf-China have sunk to around one-year lows...

South Korea's crude oil imports pulled back from March's highs in April, with monthly customs data published...

Bunker sales slumped to a seven-month low in Panama in April, falling almost a fifth as demand for refuelling on...

Sales of bunker fuels to ships docking in the Middle Eastern storage hub of Fujairah rebounded...

Oil and gas producer Vermilion Energy cut its forecast for the second quarter...

Azerbaijan's crude oil output slipped to its lowest level since June 2020 in April, with OPEC+ production cuts leaving...

Bunker sales in Singapore continued to edge higher through April, with combined sales touching a three-month...

Global air travel capacity stabilized by mid-May as a weekly gain in international seats was offset by a...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour grade set to tumble...

Asia crude oil markets started the week little changed Monday, but downward pressure on the naphtha market...

Traders hiked bearish bets on Brent crude futures last week to their steepest since late 2020...

North American drilling activity was sharply lower as number of rigs drilling for gas tumbled by the most in seven years the week ending 12 May...