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Norway's sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for 2022...

US refiners Phillips66 and Marathon both reported a sharp surge in quarterly profits Tuesday...

Underlying volumes in the North Sea Dated Brent benchmark are slated to increases slightly in March...

Benchmark Dubai crude continued to give up recent gains as demand optimism from China gave way to broader...

The January monthly average price for benchmark Middle East Dubai crude climbed by just over 4%...

Road diesel demand in the UK flipped back below pre-Covid levels in Q4 last year, while gasoline...

Oil product demand reached a two-year high last month in Japan, as higher road fuel consumption...

Russian seaborne crude exports have remained mostly intact since the EU imposed sanctions early December, but with major changes emerging in the structure...

The IMF increased its global economic growth forecast for the first time in a year, citing the boost in US spending power, China's reopening and...

Oil futures continued to soften into the end of month as the trade continued to square positions ahead of a series...

More than 40 million people from Texas to West Virginia are under winter weather alerts Monday as a system threatens...

Crude oil futures Monday were drifting lower as ongoing recessionary fears extended Friday's losses, despite rising geopolitical tensions and...

Indian refiners Mangalore Refinery and Petrochemicals (MRPL) and Bharat Petroleum...

BP lowered its forecast for oil demand and global economic growth as a consequence...

Abu Dhabi National Oil Company (Adnoc) is targeting a valuation of more than $50 billion for its newly formed entity Adnoc Gas...

Profits at Ryanair, Europe's largest airline, flipped to profits in the quarter to December as travel demand...

Global airline capacity for scheduled seats rose 1.5% on the week, with an additional 1.4 million seats...

A European Commission draft proposal to boost state aid and tax credits for the energy transition aiming to compete with the...

Japan's largest power generator JERA, said Monday it now sees a net profit of 100 billion yen ($769 million) for the year to 31 March...

New proposed emissions standards for diesel vehicles in the EU could set back the net-zero emissions push by causing auto...