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Natural gas production in the Middle East is likely to surge by nearly 20% over the rest of the decade following investments amounting to...

Portuguese oil refiner Galp reported a 62% increase in Q1 profits but missed analysts' expectations on...

Diesel prices fell sharply this week as crude tanked on fears of an economic slowdown...

US independent refiner PBF Energy joined its peers in reporting record first-quarter profits Friday

International Airlines Group (IAG) upped its 2023 earnings outlook on strong travel demand...

Middle East benchmark Dubai crude faced another tumultuous week with prices retreating for a third consecutive...

Road fuel deliveries at Exolum terminals in Spain were dragged lower by diesel last month...

Middle East crude prices steadied Friday although were still hovering around six-week lows after a third consecutive...

The CEO of Spain's Cepsa has criticised the government's windfall tax as poorly

Oil from a tanker that exploded offshore Malaysia's earlier this week has washed up on coastal regions in neighbouring Indonesia...

Crude oil futures Thursday were little changed on hopes that the US rate cycle will be paused...

Lukoil announced it has completed the sale of its ISAB refinery in Sicily on Thursday...

Crude oil futures gained some ground for the first time this week at the Thursday cash close after the Fed...

Energy major Shell said it will meet the bulk of its emission reduction targets for scope...

Saudi Aramco has reduced Official Selling Prices (OSPs) for June-loading crude to Asia, reflecting the sharp fall in distillate and gasoline cracks...

Refined product stocks in the ARA rebounded from last week's three-month low...

US oil exports jumped 21% to hit a record high of 4.85 million bpd in March as demand from China helped to lift...

Following months of negotiations, India and Russia have suspended efforts to enter into bilateral trade in rupees...

ICE gasoil futures are showing a contango market structure across the first six contracts...

Global air traffic at the end of Q1 was  88% of what it was before the Covid pandemic decimated...