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California's Gov. Gavin Newsom on Monday unveiled an outline for plans to place a cap on oil refinery profits in the state in a bid to curb gasoline price spikes...

A backlog of oil tankers has built up in Turkish waters following the rollout of EU sanctions and the Russian price cap, as authorities in Ankara...

Crude oil futures Monday were trading lower having given up earlier sharp gains, with market watchers indicating that the sanctions and price cap on Russian...

Crude ended the day lower and distillate cracks slipped Monday, as sanctions...

Commodity trader Trafigura has secured a multi-billion-dollar loan guaranteed by the German government to help...

Austria's stockpiling of oil related products following the unexpected shutdown of the...

Higher diesel arrivals in the final months before EU sanctions on Russian oil has pushed the regrade...

European gas markets Monday shrugged off the first wave of colder winter weather with ample stocks seen cushioning the continent against...

Global airline capacity stagnated for a sixth straight week with capacity failing to build in the run up to...

Ultra-low sulphur diesel loadings at the Russian Baltic port of Primorsk are set to rise 17.5% on the month...

Middle East crude prices were slightly lower from pre-weekend levels as Asian markets absorbed the OPEC+...

Saudi Aramco has cut its Official Selling Prices (OSPs) for most January-loading crude to Asia, largely in line with expectations...

Green ammonia for fertiliser is likely to be one of the first methodologies submitted by the world's...

Long positions on ICE Brent crude and WTI futures sank to their lowest since 2013 last week...

North American drilling activity was stable the week ending 2 December, oilfield services firm Baker Hughes reported...

The OPEC+ producer alliance said Sunday it will not make any changes to output policy for now, maintaining...

US oil company Hess Corporation has bought a large chunk of Guyana's jurisdictional REDD credits that were issued...

Crude oil futures Friday were drifting lower after surrendering earlier gains amid the uncertain outlook over the OPEC+ meeting and Russian price cap, having earlier...

The European Union agreed a price on Russian seaborne oil exports of $60/b late Friday...

Crude was a touch lower into the European close on Friday but still managed to mark its first weekly gain in four...