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Crude oil futures in early trade in Europe Monday were sliding lower as the market assessed the impact of Hurricane Ida...

Road fuel demand in Germany surged 17% in June as Covid-19 restrictions were eased in the...

Another five oil rigs were added in the US last week, but the number in Canada dropped by ten...

Russia's Tatneft became the latest oil and gas company to post a set of soaring profits for the second quarter of the year...

Asia's biggest oil refiner on Sunday reported flipping back into a healthy profit in the first half of the year, with Sinopec...

The Mars crude oil platform is in place and not broken loose from its anchorage, said operator Shell late Sunday, dispelling social media reports...

Funds shed bullish bets in US and European oil futures last week, although the sell-off was likely tempered...

Hurricane Ida was upgraded to an "extremely dangerous" Category 4 storm by the National...

Hurricane Ida is predicted to intensify into a Category 4 hurricane before reaching landfall in Louisiana, potentially wreaking havoc on...

Jet and diesel prices saw the biggest gains over the week in the Europan oil product complex....

Gasoline cracks in Europe recovered this week, with flat prices outstripping the rally in Brent...

Prices rallied through the week with the recovery in oil futures, while demand for fuel from the Middle East power market kept nearby high sulfur fuel oil in wide backwardation.

Low Sulfur Gasoil futures rallied more than Brent as storm Ida threatened oil and gas platforms in the Gulf of Mexico...

Crude oil futures moved higher Friday as a powerful storm headed towards the Gulf of Mexico, posing a threat to oil and gas facilities...

Oil majors operating in the Gulf of Mexico have idled multiple oil platforms overnight and evacuated...

The European Union is set to revive Covid-19 travel restrictions such as quartering and...

Storm Ida is expected to develop into a powerful hurricane as it heads for the US Gulf this weekend, with landfall predicted for Louisiana early next week...

Profits at Russian oil producer and refiner Lukoil continued to grow in the second quarter of the year, posting a 20.5% rise...

Malaysian oil company Petronas saw a second-quarter profit and an increase in revenues, helped by better oil products prices and increased LNG sales volumes...

The Fujairah Oil Terminal (FOT) is investing around $45 million in upgrading its infrastructure and...