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Dubai's Department of Petroleum Affairs has set the OSP for Dubai crude loading in January at a discount of $0.10 per barrel to the average settlement of...

Australia, the world's second-largest coal exporter and largest LNG exporter, has committed to net-zero domestic carbon...

Thai crude imports fell to a 17-month low in September amid a fall in demand this year as a Covid outbreak fuelled by the...

Dutch pension fund ABP – one of the largest in the world – will sell its entire €15 billion ($17.5 billion)...

China is expected to allow firms to substitute fuel oil export quotas for equal volumes of gasoline, gasoil and jet fuel for the balance of 2021...

US shale oil producer, Pioneer Natural Resources, has reported a third-quarter hedging loss of $501 million, bringing its total hedging losses...

Gasoline led the global oil complex Monday, triggered by a spike in Asian prices at the time of the Singapore close...

China's largest independent refinery, Zhejiang Petrochemical Corp, has been issued a fresh batch of 2021 import quotas at...

Airlines in China and the US cut more than a 1 million seats for sale this week, but there are signs of recovery in global passenger markets...

Crude oil futures in European trading hours Monday extended the upwards trend as key benchmarks traded at or around multi-year highs...

A global agreement to reduce methane emissions from the farming and oil and gas sectors has gathered support from more than 60 countries...

Backwardation in global crude oil benchmarks has widened sharply this month, highlighting expectations for continued tightness...

The amount of people searching for flights globally has jumped to its highest level since the start of the pandemic in a sign the aviation sector's recovery may be closer...

Iraqi crude oil production nudged higher this month to reach its OPEC+ target...

Italy is seeking to suspend arbitration in a case that could see it pay millions of euros in damages to UK oil company...

The Brent/Dubai EFS (exchange of futures for swap), a key metric in comparing Dubai-related crude oil versus grades...

Middle East crude prices hit fresh three-year highs, while light end cracks soared to highs last seen in Singapore in...

Barges carrying oil products will have to further lighten loads to travel along the Rhine this week as water levels on the river continue to fall...

Sudan's prime minster has been arrested and detained in an apparent military coup which...

Portuguese energy and oil company GALP posted much-improved third-quarter results Monday, driven by the year-on-year...