Energy Market News

US commercial crude oil inventories registered a first drop in five weeks, data published by the EIA...

Gasoline inventories gained for the first time in three weeks after imports grew while exports slipped.

Scania and DHL Group will test a new battery electric truck with a built-in liquid fuel-powered range extender which aims to provide a way...

The global energy sector is unprepared for a complete transition away from fossil fuels, according to Masdar Chief Executive Officer...

Shell plans to resume deliveries from its Houma, Louisiana tank farm on its Zydeco pipeline system to...

European air travel increased 7% compared to the same period last year, with the network recording 26,079 average daily flights, according to a...

Service at the LOCAP crude oil pipeline system in the US Gulf Coast region was restored late Tuesday but it's operating at reduced...

Crude oil futures Wednesday steadied after the previous-session's sharp selloff that left benchmarks languishing at around 2025 lows...

UK major BP announced Tuesday it was reducing spending on renewables by as much as 70% and putting the money...

US utility firm Sempra Energy will take a final investment decision (FID) later this year on the second phase of the Port Arthur LNG project...

Fujairah's refined product inventories climbed to 20.4 million barrels in the week to 26 February, reaching their highest level since June 2024...

Middle East crude extended the broader decline as prices slipped to near-2025 lows on Wednesday, while the front month naphtha paper...

The US State Department has called for the resumption of crude oil exports from northern Iraq to the Turkish port of...

Spain's Moeve swung back to a small profit last year as earnings rebounded on what it described as strong fuel demand...

Domestic demand for diesel and gasoline in Argentina declined at the start of the year, weighing on total refined product sales...

US commercial crude stockpiles fell while those in Cushing, Oklahoma, grew over 1 million barrels for ...

Diamondback Energy expects its crude production to average 485,000-498,000 bpd this year, up from ...

All operations associated with Shell's Houma, Louisiana, crude oil tank farm remain suspended as...

Benchmark crude oil futures were in steep decline on Tuesday as investors braced for further US sanctions, while LSGO cracks fell to their lowest...

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...