Oil Market News

Activist investor Elliott Management has taken a stake in BP worth around £4 billion ($5 billion), the Financial Times reported Thursday...

The German government is expected to extend its trusteeship over Rosneft's assets in the country, which include stakes in three domestic...

OPEC and its allies nudged up production by a modest 20,000 bpd in January, with small reductions recorded by several producers offset...

French road fuel demand fell over the month and year in January, industry data showed Thursday, dragged lower by diesel...

The International Energy Agency (IEA) anticipates that global oil markets will remain resilient in the face of mounting trade tensions, maintaining...

Middle East crude prices eased back for a second session Thursday, supporting gasoline cracks at recent high despite a…

Azerbaijan's crude oil and natural gas condensate production fell sharply in the first month of the new year, with the combined figure sliding to...

Middle distillate inventories in Singapore continued to increase as sluggish seasonal demand in the region drew fewer cargoes...

Oil prices fell for a second session on Thursday as markets reacted to US President Donald Trump's announcement that Washington and Moscow...

Toyo Engineering Corporation has been awarded a contract to build the outside battery limits (OSBL) for Petronas' upcoming sustainable aviation fuel...

The Oregon Clean Fuels Program credit bank decreased by about 23,000 credits in the third quarter of 2024...

Adopting E30 gasoline could eliminate the need for 700 million litres of Brazilian gasoline imports, according to a government secretary cited in...

Benchmark crude oil futures lost momentum on Wednesday on bearish EIA data, while LSGO cracks slid on falling natural gas prices...

US ethanol stocks retreated off multi-month highs while exports climbed, according to the latest US Energy Information Administration data...

Energy Transfer has approved plans to proceed with a final Front-end Engineering and Design (FEED) study ...

US commercial crude oil inventories gained for a third week to reach the highest since early November...

A US shale gas producer sold $95 million worth of carbon credits and other environmental attributes in 2024...

Distillate fuel oil inventories in the United States were little moved last week as exports surged amid sluggish demand...

US gasoline stocks fell last week for the first time since early November, as domestic demand and exports were both seen higher....

India's LNG imports are poised for further growth as the country ramps up infrastructure and cements natural gas as a pillar of its...