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North American oil drilling activity recovered the week ending 10 February, while the number of rigs drilling for gas went in the opposite direction...

Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, reported a 61% rise in its Q4 net income as revenue surged to a record...

Gasoline and diesel demand reached a record 780,000 bpd in Spain last year after a strong December...

Energy transition policies and goals have created a dangerous path for global demand, as alternatives are not in position to supply the entire world...

OPEC+ production dropped in January, primarily as a result of lower Mideast Gulf supplies and a slight decline in Russian output...

OPEC expects global oil demand to exceed pre-pandemic levels in 2023, amid an improving economic outlook in top crude importer China...

Tanker loadings of crude oil from Azerbaijan at the Mediterranean terminal of Ceyhan have resumed having being suspended since 6 Feb...

Russia's cabinet has submitted a bill to the State Duma that limits the discounts for the Urals oil blend on the international market...

European diesel and gasoil cracks tumbled to six-month lows by this week as heavy stocks continued...

Gasoline cracks were broadly steady this week as transatlantic export demand eased from recent highs...

Fuel oil prices were on the rise over the week as a bullish crude setup dragged residual fuels along with it, while...

Crude was higher Friday on reports Russia could voluntarily slash oil production...

Crude oil futures resumed the week's upwards momentum on Friday on reports that Russia could voluntarily slash production...

The February ICE gasoil contract expired on Friday with 1,325 lots taking physical delivery...

The US is heading for a heavy refinery maintenance season that could sideline more than 2 million...

The growth in sales of electric vehicles (EV) compared to internal combustion (ICE) vehicles will cut...

Goldman Sach trimmed its Brent crude oil forecast by $5/b on Friday on expectations of higher...

Shell is expected to start a 40-day maintenance at its 400,000 b/d Pernis refinery in Rotterdam..

Middle East benchmark Dubai crude registered gains of nearly 5% on the week, largely reversing losses from the...

Crude oil prices in Asia Friday were higher for a fourth consecutive session, rounding off a...