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Iraq's state-owned oil marketer SOMO will stop exporting its Basrah Light crude grade next year and hike Basrah Medium...

US refinery runs are set to increase by 500,000 to 600,000 barrels per day over (BPD) the next three months...

Indian crude imports rose in September to their highest level since April...

Abu Dhabi's flagship Murban crude has surged to its highest level versus Brent and Middle East sour grades since the contract was launched...

Middle East crude eased back Tuesday retreated for a second successive session, while products all gave up ground too as...

Norway's Equinor profits surged in the third quarter, driven by the energy crunch that sent gas prices surging in September...

Finnish renewables producer and oil refiner Neste set out on Wednesday formal targets for scope 3 emission reductions...

The UAE's Abu Dhabi National Oil Co (ADNOC) plans to produce 1.19 million bpd from its Murban oil field in November...

Planned maintenance at three Japanese refineries saw capacity fall to its lowest in three months...

Product stocks at the Middle Eastern bunkering hub of Fujairah remained below average for the year as middle distillate...

Despite wide backwardation in oil futures, US crude stocks gained last week...

Brent was slightly lower by late afternoon marker despite climbing late afternoon, tracking a recovery in the dollar index...

Crude oil futures in European trading hours Tuesday were steady, recovering from an earlier dip...

ADNOC, the Abu Dhabi National Oil Company, will be powered only by renewable electricity in January...

More gasoline and diesel cars and vans will be on the roads worldwide in 2050 than in 2020 despite huge growth in sales of electric vehicles...

Brazil's gasoline output reached a near 7-year high in September as overall transport fuel production remained strong and crude...

China will cap its annual crude oil throughput at 1 billion mt – equivalent at 20.08 million...

Cracks for global gasoline benchmark prices hit new multi-month highs at the time of the...

Middle East crude prices eased back Tuesday from the three-year highs registered in the previous session, while light end cracks...

Deep divisions have surfaced in the European Union over a proposal by France and Spain to back a reform by Brussels...