Energy Market News

Benchmark crude oil futures ended the week sharply lower on Friday as markets weighed the implications of Washington's latest tariffs on...

Crude oil futures Friday were trending lower with the threat of a tariffs-led global trade war dampening sentiment...

Russia's oil giant Lukoil on Friday dismissed reports that two of its employees had been forced to leave Romania...

The European aviation sector will be vulnerable to global oil market uncertainty over the years ahead, according to the region's air traffic...

Crude throughput on the Shell-operated Mars Oil Pipeline Company system recovers in December to a ...

Middle East crude resumed the downward trend over the past week, although benchmark Dubai continued to outpace Brent massively...

Iraq's government said Kurdish oil exports via the Ceyhan pipeline were set to resume...

Blending economics were dealt a fresh blow this week as naphtha's ascent was unmatched by gasoline...

The chemical industry in Europe is facing extinction, Jim Ratcliffe, CEO of INEOS, said in an open letter to European politicians earlier this week, adding that decarbonising Europe by deindustrialisation was 'idiotic'...

Diesel margins fell under pressure in the West of Suez market this week as swelling inventories in the US and warming temperatures helped to...

Tightness in Asia's HSFO market persisted as the paper curve steepened to its highest in multiple years, even as spot prices and cracks softened from recently elevated levels...

Dubai crude posted a strong finish on the final session of February, while marine fuel cracks held at eight-month lows....

Norway's Equinor will temporarily suspend operations at its Hammerfest LNG terminal for "corrective maintenance", a regulatory filing...

Mexico's Pemex hopes to restart production at nearly half its offshore rigs by the second half of the year

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Demand for refined oil products in Japan declined in January, falling below year-ago levels as sluggish naphtha and gasoline sales weighed...

The Canadian province of British Columbia is doubling its target for biofuel blending in diesel and excluding all imported fuels, in a move...

Weekly US natural gas stocks plunged to the lowest level in nearly three years, sinking below the...

Saskatchewan's premier will consider permits sought for pipe projects through the Canadian province...

Eni kept output steady in the fourth quarter, but refining and LNG earnings took a hit as weaker margins eroded profitability...