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The world's biggest oil trading company chalked up profits of $15 billion last year, as energy prices...

US energy major topped the list of highest bidders in the latest round for exploration drilling rights in the Gulf of Mexico...

Oil and gas executives operating in the southern oil-producing states of the US expect...

Crude oil futures consolidated recent gains Thursday as talks over shut-in Iraqi crude stalled...

Shell will not go ahead with plans to develop a biofuel and base oils project in Singapore, with Reuters reporting Thursday...

Thailand's crude oil imports continued to climb in February amid burgeoning regional demand, with the volume of...

Crude oil futures Thursday were higher as the market continued to eye developments in northern Iraq, with producers forced to start shutting in...

Talks between Iraq and the semi-autonomous Kurdistan Regional Government (KRG) remained at a stalemate Thursday...

Inventories of gasoline hit a seven-month high this week as the summer blending season kicked off...

Oil product stocks in Singapore were down 3% over the week at a two-week low of 48.117 million barrels, with the...

UK diesel inventories ballooned in January, official data showed Thursday...

The spread between very-low sulphur marine fuel (VLSFO) and high-sulphur fuel oil (HSFO)...

International energy companies that raked in massive 2022 profits as a result of last year's price spikes...

Asian crude was marginally lower Thursday although largely consolidating the early week gains, with middle...

Brazil's Petrobras has resisted calls from the new government to halt asset sales in a fight...

ExxonMobil has confirmed operations at its 270,000 bpf Fawley refinery are unaffected...

Brent crude futures were inching towards the $80/b mark Wednesday for the first time in over two weeks as...

Crude oil futures Wednesday were largely consolidating the week's gains with Iraqi oil flows via Turkey yet to resume...

Russian oil assessments published by Price Reporting  Agencies do not correspond with actual values transacted in the market...

Refining margins for jet fuel in Asia slipped further during trade on Wednesday, with ample supply of fuel and...