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Middle East crude prices Wednesday registered a daily loss for the first time in a week, while distillate cracks...

The German petrochemical sector is set to shrink 8.5% this year as it struggles to pass on soaring...

The EU has backed away from a price cap on natural gas and has instead aimed to raise more...

The Japanese government is set to lower its gasoline subsidy from this Thursday, it announced on...

A third week of building fuel oil stocks at the Middle Eastern bunkering hub of Fujairah lifted...

Operations at China's main bunkering hub of Zhoushan have been suspended as a precautionary measure as...

The US administration is considering replenishing the Strategic Petroleum Reserve if oil dips below $80 a barrel...

Crude oil futures Tuesday were lower amid choppy trading, giving up earlier gains after US consumer prices rose in August...

Oil prices are trading around their 15-year average and are priced fairly for now, although they are more likely...

Crude retreated on Tuesday as higher-than-expected US inflation pushed economic concerns...

Oil trading giant Vitol Group has smashed its previous record by making more profit in the first half of 2022 than...

Iraq's State Oil Marketing Organization has cut Official Selling Prices for Asia in October while trimming Dated Brent-related premiums to Europe...

Russia's energy revenues slumped in August and government spending soared, eating into a budget surplus...

Biofuel producer Neste, energy major Shell, chemical producer Borealis and appliance maker Philips were amongst ten...

OPEC is sticking to its upbeat view on the global economy, despite minor revisions to some countries, notably China...

German airlines Lufthansa has expanded its agreement with Austrian energy company OMV to...

Hurricane futures will be relaunched next year as an alternative to traditional traded industry...

Middle East crude prices Tuesday maintained the firm upwards trend, while HSFO differentials continued to fall amid...

Gasoline feedstock low-sulphur vacuum gasoil (LSVGO) is seen increasingly heading into..

Global scheduled airline seats dropped below the 97 million level for the first time since late May...