Oil Market News

US President Donald Trump has directed officials to draft a sweeping set of reciprocal tariffs targeting countries that impose duties...

Gasoline east-west spreads flattened this week as Europe struggled to hold on to recent gains, while naphtha markets remain tight...

Middle East crude was consolidating at just above one-month lows after a volatile week for oil that left the Dubai benchmark struggling...

Marine fuel sales at the world's top bunkering hub, Singapore, dropped in January 2025 from the previous month, reflecting a seasonal...

US natural gas futures were consolidating solid weekly gains as ongoing winter storms and strong LNG export demand underpinned the rally...

Middle East crude prices bounced back from two days of losses Friday, while gasoline margins continued to firm as the paper crack hit...

A potential peace deal between Russia and Ukraine could weigh on oil prices by shortening tanker routes, easing sanctions-driven...

India has agreed to increase oil and gas imports from the US as part of a broader effort to reduce its trade surplus and avoid potential tariffs...

Beijing is on track to remove consumption tax rebates for local refiners using heavy fuel oil as a feedstock in the latest round of shakeups that could further...

Petrobras hopes to form partnerships with Indian state-owned oil firms to enhance biodiesel and ethanol trade between Brazil and India and...

Weekly US natural gas stocks have slid roughly three months to sit at the lowest since March 2024...

The Trump Administration's planned tariffs on Canadian goods may set the stage for a recovery in ...

Benchmark crude oil futures drifted lower on Thursday as markets braced for easing tensions in the Russia-Ukraine conflict, while sliding natural...

The following are a list of deals or memorandums of understanding (MoU) signed during the India Energy Week 2025, confirmed by officials...

Crude oil futures Thursday were trending lower after US President Donald Trump said that talks to end the war in Ukraine would start...

Finland's Neste announced a cost-saving program Thursday including axing around 10% of its workforce...

European air travel rose 5% on the year last week, with the network recording 24,776 average daily flights, according to a report published...

PBF Energy's plans for a 60-day turnaround at its 166,000-bpd Torrance, California refinery will be impacted ...

Refined oil products inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub fell to their lowest of the...

European natural gas futures retreated sharply Thursday with possible peace deal between Russia and Ukraine stabilizing supplies to Europe...