Energy Market News

Spain's refined oil product inventories posted a sharp build over the month in January, official figures showed Wednesday, even as refiners...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...

Iraq's SOMO has reduced the OSP on its key export grade for Asia in April, following the broader regional trend of lower differentials...

Diesel production in Malaysia dropped to a three-month low in January, with government figures showing production of the middle...

Fuel oil stocks in Fujairah dropped 6% last week as inventories of residual fuels pulled back from levels not seen since June, weekly figures...

Middle distillate supply in Japan remained tight as commercial inventories continue to drop against the backdrop of the spring maintenance season...

Yemen's Houthi group said Wednesday it will resume attacks on "any Israeli vessel" in the region unless Israel ends its blockade...

US commercial crude oil inventories were up last week while gasoline stocks saw a big drop, according to figures from the American...

Occidental Petroleum (Oxy) sees extracting remaining oil reserves, known also as enhanced oil recovery (EOR), in both shale...

South America's nascent oil producer Guyana has begun reviewing a proposal to send its domestic crude...

US crude oil production growth will likely slowly decline and output reach a plateau later this decade, according to ConocoPhillips...

Crude oil futures were nudging higher but Brent remained around the $70/b mark on Tuesday as US tariff policy continues to...

Alberta is exploring ways to increase its crude pipeline capacity to 6-7 million bpd by 2028-2030, according to the province's minister...

Ukraine said Tuesday it is ready to accept a US proposal to start an immediate 30-day ceasefire with Russia and for negotiations to...

Benchmark crude oil futures edged higher on Tuesday, supported by a weaker dollar that improved demand prospects, while LSGO cracks...

The EIA sees a tighter oil market than previously thought as sanctions on Iran and Venezuela...

Kuwait's crude production capacity is expected to rise to 4 million bpd by 2035 from its current level of...

The Ukrainian military said Tuesday it had successfully attacked the Moscow Oil Refinery and damaged the Druzhba...

A 59-year-old man has been arrested on suspicion of gross negligence manslaughter in relation to Monday's collision...

European natural gas futures were consolidating at recent firmer levels Tuesday amid uncertainty around the Russia/Ukraine peace talks and...