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US oil major Chevron has set out 2050 emission reduction targets for the first time in a move bringing it into line with...

Freight rates for transporting oil products in the trading hub in and around Rotterdam jumped Monday...

Funds diverged over their view of oil futures last week, boosting bullish bets in US oil futures while selling long lots in Brent...

A globally coordinated increase in road traffic has continued in the week ending 10 October due to a much better Covid-19 health situation...

Lebanon's two largest power plants were shut down over the weekend due to critically-low fuel stocks, while a fire at a gasoline storage tank Monday

Saudi Aramco will allocate full volumes to term holders in Asia for November, while some customers have requested additional supplies...

Kuwait has become the latest NOC to cut its November crude export official selling price (OSP) for Asian refiners, reflecting...

Brent was rallying by the European close Friday amid another volatile day, but there were even sharper gains for gasoline and distillates...

The US oil rig count gained 5 last week to 433, although the count remained far below levels seen when crude prices...

The end of September surge in gasoline cracks in Europe plateaued this week amid a larger...

Operation at an LNG processing plant in Equatorial Guinea, West Africa, have been disrupted following an unspecified incident on September 26...

The volume of voluntary carbon offsets traded on CME Group's platform has already reached 20 million tonnes following their launch in March...

Natural gas has continued to flow to China after an explosion at a processing plant in Russia's Far East region threatened to...

It was a turbulent week in the distillate markets, dominated by geopolitical trends about how...

Crude futures climbed Friday following the release of a disappointing US jobs report which caused the dollar index to tumble...

China is likely to allow the customs clearance of Australian coal currently 'stranded' in bonded warehouses at import terminals in a bid to alleviate...

Germany's Commerzbank has raised its fourth quarter oil price outlook for Brent crude oil by $10/barrel to $85/b, citing robust demand...

Global high sulfur fuel oil markets continued to be driven by the spike in gas prices, although there were signs Asian strength...

South Korea has proposed to raise its 2030 emissions reduction target to 40% from 2018 levels, up from the current 26.3%..

An influential research outfit has called on the International Energy Agency to open up its data stores for free in a bid to...