Energy Market News

Benchmark crude oil futures rebounded on Thursday as Venezuelan exports were targeted in Washington's latest orders, while LSGO cracks...

Brazil's Petrobras has slashed the amount of money paid out to investors after it swung to a surprise loss in the fourth quarter...

Oil product deliveries in the UK were slightly higher over the year in 2024, official data showed Thursday...

President Donald Trump plans to up the tariff rate on Chinese goods entering the US to 20% from next...

Washington has granted a 30-day suspension of sanctions on Serbian oil company NIS, President Aleksandar Vucic said Thursday...

A project underway in the Port of Vancouver could enable the Trans Mountain System to get closer to its target...

ARA refined oil product inventories fell for the fourth consecutive week over the seven days to 27 Feb, according to brokers citing Insights...

Saudi Aramco has reduced its official selling prices for propane and butane for March, setting them at $615/mt and $605/mt respectively for...

Bullishness in the Asian HSFO market persisted during Thursday's session, with cracks hitting fresh highs and the paper curve steepening...

Crude oil futures were climbing higher after US President Donald Trump announced a reversal of an operating licence on Chevron's Venezuelan...

European natural gas futures rebounded Thursday to halt a three-week long losing streak, with low stocks set to maintain buying interest...

Middle East crude extended losses into a third session but sour grades gained on Brent, while gasoil cracks hit a one-month low...

Polish refiner Orlen reported a drop in full-year earnings on Thursday, despite a strong fourth quarter, as it outlined more investment...

Adnoc has signed a sales and purchase agreement with Osaka Gas for the supply of up to 800,000 mtpa of LNG from its Ruwais project...

Fuel oil stocks in Singapore fell for a second consecutive week to a three-month low, even as cargo imports surged, data published...

US President Donald Trump has ordered that an oil concession issued in 2022 allowing US E&Ps to produce...

Shell has restarted some Louisiana segments of its Zydeco pipeline system after identifying the source...

The US plans to impose a new 25% tariff on imports from the European Union, President Donald...

Benchmark crude oil futures were little moved on Wednesday but extended losses as concerns over the global economy continued to weigh...

Distillate fuel oil inventories gained nearly 4 million barrels after imports surged to the highest since...