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There are currently no plans for heads of state to discuss the proposed OPEC+ deal in an attempt to move forward ...

Energy major Shell and China state-owned PetroChina have agreed the world's first long-term contract for the supply of LNG ...

Ryanair on recruitment drive for pilots as it plans to build on its summer rush to capture market share from rivals...

Middle East crude prices opened the week firmer, while refined product cracks were little changed...

A consortium of industrial companies including energy majors TotalEnergies and ExxonMobil has agreed to jointly explore the development of carbon infrastructure ...

FIS to set up Copenhagen office to sell ships carbon allowances and credits as shipping market joins Europe's cap and trade carbon market...

Saudi Arabia has placed a cap on domestic gasoline prices to boost economic activity and reduce the cost of living, with Saudis paying record prices...

Malaysia's gasoline production in May jumped 12.4% from April to 532,995 mt, 10.3% above May 2019 and a post-pandemic high ...

Front and second month crude futures spreads have narrowed sharply over the past few days...

Flight numbers in Europe continue to keep closing the gap on 2019 levels, but stock levels are steady....

Iraq's State Oil Marketing Organization has increased its Official Selling Prices for Asian buyers lifting August crude oil...

Funds cashed out of bullish bets WTI futures and options in thw week when the August contract hit a high after the dirthering of OPEC+...

Saudi Aramco is set to supply full contractual volumes in August for customers, but has turned away requests for extra barrels...

Bunker fuel sales at the hub of Fujairah fell for the second successive month in June, but fuel inventories seen falling...

WTI prices above $70/b continue to fail to stimulate revival in shale oil drilling to confirm analyst warnings...

The European oil complex is doverging between light end strength, middle distillate edging sidewways, and high sulfur fuel oil softening...

After the spread between propane and naphtha prices crunched together earlier in the week, Thursday and Friday saw the spread balloon out again to cap a volatile week...

Crude oil futures in afternoon London trading Friday rose by $1/b as the latest positive US inventory data calmed market nerves...

Naphtha crack prices bounce back in Asia after Saudi lifts OSP price for propane, the regarde narrowed, and fue oil cracks slid lower....

A meaningful increase in oil supply from US shale producers would take nine months, according...