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US distillate fuel stock built for a second straight week as demand continued to drop below the..

US gasoline stocks climbed for the second week, the latest EIA data showed Wednesday...

The EU and the G7 were locked in talks Wednesday as western nations try to agree a price ceiling for Russian crude exports ahead of the 5 December deadline

Nigeria has lost almost $3 billion in tax revenues this year as widespread theft has cut output by a third and...

Cash differentials and refining margins in the Asian 0.5% marine fuel cargo market continued to rise...

Oil from Russia's Sakhalin 2 energy project heading for Japan will be excluded from the price cap...

European gasoline is heading transatlantic again as US suppliers snap up..

Fuel oil deliveries to the electricity sector in Italy have hit their highest level in nine years...

Deliveries of gasoline in Europe's fourth biggest economy fell 10% in October versus September...

Middle East sour crude prices retreated Wednesday, conceding further ground to Brent, while LSFO cracks neared...

Middle distillate stocks in Fujairah rebounded by almost a quarter last week, jumping to 3.214 million barrels as...

European industry faces another "absolutely awful" summer in 2023 as persistently high gas prices will lengthen...

Freight rates for Aframax-sized oil tankers operating in the Mediterranean and Black Sea have reached the highest...

Crude prices surged on Tuesday as the market continued to unwind the impact of Monday's dismissed reports...

The European Commission has proposed a cap of €275/MWh ($283) on gas prices in a bid to shield consumers...

Crude oil futures Tuesday were slightly higher as markets stabilized following the previous-session's huge price swings...

The US and Europe could end their reliance on China for electric vehicle (EV) batteries by 2030 if around...

The US will start buying back oil to refill depleted Strategic Petroleum Reserve tanks when spot oil prices are in the low $70 per barrel...

Kuwait Petroleum Corporation (KPC) Al-Zour refinery has sold its first 100,000 mt 0.5% marine fuel cargo for...

Bulgaria's government has agreed to allow Lukoil's Burgas refinery to continue exporting oil products under...