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Austrian energy company OMV has severed its long-standing natural gas supply contract with Gazprom, citing "multiple fundamental...

Refined oil product stocks in Singapore continued to rise last week to the highest level since early September as refiners in...

European crude oil and refined products markets were higher during Wednesday's session, lifted by expectations of dovish economic policy...

Lower oil prices and sufficient global supplies is allowing the US and its allies to look for "creative" ways to target Russia with additional sanctions...

Azerbaijan's crude oil and natural gas condensate output continued to recover last month to hit its highest levels since April, monthly...

US gasoline stocks rose for the fourth consecutive week over the seven days to 6 December, reaching their highest levels in nearly two...

US commercial crude oil inventories registered a moderate drop of around 1.4 million barrels during the latest reporting cycle...

Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...

US distillate stocks climbed to their highest levels in nearly two months last week as improving arbitrage dynamics sent imports surging...

Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...

OPEC has again trimmed its forecast for global oil demand this year and next, once more citing lower-than-expected growth from Asia...

US crude oil inventories posted a second weekly small build in the week ending 6 December, while stockpiles of refined products...

FOB Singapore jet fuel regrade continued to come under significant pressure half way through this week as the spread flipped into negative territory, suggesting the...

Kerosene stocks in Japan continued to slide last week amid the peak winter heating season despite local refiners ramping up crude runs to the...

Fuel oil stocks slumped 25% in Fujairah last week as residual inventories remained under supply pressure, while there was a big build in...

Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...

Norway will halt public financing for new international fossil fuel projects from January 2025, delivering on a commitment...

The US Energy Information Administration (EIA) has lowered its 2025 Brent crude oil price forecast to under $74/b, down from almost...

China's oil demand could peak as early as 2025, five years sooner than previously forecast, driven by the rapid adoption of electric vehicles...

Brent crude oil futures consolidated gains on Tuesday after markets digested the news of Syria's president being overthrown...