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The closely watched Brent/WTI spread narrowed sharply during the first half of June as benchmark WTI futures outpaced North Sea Brent on expectations...

Funds bullish crude as Iran nuclear deal is pushed back amid signs of interest fading in European distillates...

The Dubai cash first-line versus third line (August vs October) spread widened Monday to more than $2/b, gasoline cracks surges on....

Spot gasoline cracks in Asia rose to their highest level in over two weeks, as a number of outages...

The Dubai cash first-line versus third line (July vs September) spread widened to more than $2 per barrel for the first time since January 2020, on expectations of surging demand and...

Europe's beleaguered refining sector would bear the brunt of the fall out from US gasoline demand dropping 1 million bpd amid the transition to electric vehicles, warns consultants Wood Mackenzie ...

Energy major Shell is considering selling all or part of its holdings in the Permian Basin, the largest US oil field ...

The number of flights in Europe, covering 41 countries, rises, but the pace and weekly increase slows despite the summer holiday season and easing of travel restrictions

Total sales of bunker fuel in the refuelling hub of Singapore fell to an 11-month low in May as higher...

Iraq, the world's sixth biggest oil producer, is planning to build eight nuclear power plants to close...

The number of passengers boarding planes at US airports is on the rise, reaching a post-pandemic high Friday of...

US natural gas prices surged to eight-month highs Friday as restrictions were announced on a key Texas pipeline over the summer months, while global LNG...

Indonesia's state energy firm Pertamina said Sunday that it has extinguished the fire that broke out in a storage tank area at its refinery in Cilacap...

Crude oil futures burst through the $73/b mark Monday, maintaining momentum, but European gasoline cracks softened... 

Brent climbs, and backwardation widens in curve, but only gasoline cracks rose...

Crude oil futures pushed higher in early London trade Friday, after the International Energy Agency (IEA) said global oil demand is set to return to pre-pandemic levels by the end of 2022 ...

Industry players move to make green ammonia a reality in the shipping industry

Norway sticking with oil in the long run, while looking to develop hydrogen as a bunker fuel, and boost offshore wind power...

Production of fuel oil in Malaysia in April moved higher than the equivalent 2019 level for the first time since the start of the pandemic ...

Refining margins in Asia for gasoline have risen more than 10% in the past week, to close the gap...