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Russia could adopt additional measures to moderate sharp discounts on Russian oil in order to more align prices to market values...

Middle East crude oil prices Tuesday were lower after the late Brent losses following the Asian close in the previous session...

Brazil's Mines and Energy Ministry has guaranteed domestic fuel supply after supporters...

Crude oil futures Monday were higher as China ended its zero-Covid policy, although markets eased back from earlier highs amid broader...

Backwardation in the European gasoil market nudged higher to a two-month high at the start of the...

Russia has restored oil output at its Sakhalin-1 project after struggling with production following the exit of previous operator ExxonMobil...

Global air cargo demand continued to slow in November with carriers further slashing available...

India's refined product demand was up 4% on the month and 3% year-on-year in December at 19.6 million mt, as fuel oil...

Lukoil has agreed to sell its 355,000 bpd ISAB refinery in Sicily to GOI Energy...

Iraqi Minister of Oil, Hayan Abdul-Ghani, announced on Sunday that commercial production at the Karbala oil refinery will start mid-March...

Goldman Sachs maintained its bullish view for crude prices this year, as China's rapid move to...

Marine traffic through the Suez Canal normalised on Monday morning after tug boats towed away....

State-owned Kuwait Petroleum Corp plans to boost its diesel shipments to Europe by fivefold...

Global airline capacity slid this week as a boom in domestic markets following the reopening...

Chinese refiners have been issued a second set of crude oil import quotas, taking the total...

QatarEnergy and Chevron Phillips Chemical announced they will construct a $6 billion petrochemicals ...

Traders extended net long Brent crude positions in the first few days of 2023 as the outlook...

Norway's oil production is set to exceed 2 million bpd this year, up 6.8% from 2022, the Nor..

North American drilling activity was lower the week ending 6 January, kicking off the new year with a significant drop...

The US inflation reduction act (IRA) could drive around $1.5 trillion of capital mobilisation in clean energy by 2032...