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Industrial action at Neste's oil and biofuel refinery in Porvoo, Finland will go ahead in early February...

Benchmark Dubai crude ended the week on a firm note with prices hitting two-month highs, while distillate cracks...

Middle East benchmark Dubai crude posted a third week of gains Friday as China's anticipated post-Covid rebound continued to underpin...

Refiner Valero expects firm refining margins to continue for 2023, as the US refining sector is likely to enjoy further advantages over its European counterparts...

Russian president Vladimir Putin has told his government to look into the way that it calculates taxes on the oil industry...

The European Union is floating a plan to cap the price of Russian diesel at $100 a barrel, which analysts said is a level...

Iran is offering increasingly large discounts on sales of crude into China with the US-sanctioned oil facing increasingly stiff competition from Russian barrels...

Crude oil futures Thursday were higher following the latest EIA data revealing a smaller-than-expected rise in crude stocks, while increased rhetoric from Russia...

Crude edged higher Thursday as the US economy grew faster than expected and geopolitical...

Months after the White House vowed to punish Saudi Arabia for cutting oil output in defiance of American wishes, the Biden administration has ended its talk of retaliation...

Bio-blended bunker fuel sales in the Port of Rotterdam soared to a record high in the last quarter of 2022, with...

US-based PNC Financial Services Group has closed its second green bond issuance, with the $1.25 billion proceeds...

Only 7% of Mexican companies in the oil and gas sector are complying with the regulations to prevent and control...

Gasoline stocks jumped this week in the ARA region on lower export demand, while diesel...

US refiner Valero reported a ten-fold increase in full-year profit to $11.5 billion Thursday...

UK diesel and gasoil stocks fell to their lowest in nearly 17 years in November as Russian imports dried up...

Bunker sales in Panama jumped to an eight-month high in December but still remained well short of a pre-Covid...

Utilization rates at Japan's crackers sank to at least a ten-year last month on subdued regional demand...

Colombian state-owned Ecopetrol has been forced to slow crude throughput at the nation's largest...

River barge rates on the Rhine are hovering near six-month lows even as falling water levels are limiting...