Energy Market News

Officials in Iraq are targeting a March restart of crude exports via the troubled Kirkuk-Ceyhan pipeline, although complications could still...

An oil tanker struck a cargo vessel in the North Sea on Monday, setting off a large fire on both ships and sparking a major rescue operation.

Yemen's Houthis have warned they will resume attacks on vessels travelling through the Red Sea if a ceasefire in Gaza falls through...

Middle East crude prices continued to pull away from recent multi-year lows although trading activity remains cautious, while there...

US Energy Secretary Chris Wright said the country's shale sector can continue expanding even if crude prices drop to $50/b...

US President Donald Trump said he is "strongly considering" imposing broad sanctions and tariffs on Russia, escalating pressure on Moscow...

Iran's Supreme Leader hit back over the weekend at what Tehran views as strongarm tactics from US President Donald Trump over its...

Crude production from OPEC+ was sharply higher in Feb. as the producer alliance overshot its collective output ceiling for the first time in...

A Ukrainian drone attack on Sunday damaged a storage tank at Russia's Kinef oil refinery at Kirishi in the Leningrad region, marking the...

Russian special forces crawled nearly 15 km through a gas pipeline near Sudzha in a bid to strike Ukrainian forces from behind...

US drilling activity decreased for the first time in six weeks, after the longest rising streak since 2022...

Eurobob cracks collapsed to multi-year lows Friday, dragged lower by a collapse in cash diffs in the barge market against a backdrop of...

Benchmark crude oil futures rebounded on Friday on reports that OPEC+ may reverse its oil output hike after April if demand was not sufficient...

Crude oil futures steadied on Friday and were climbing higher at the tail end of a bruising week that left benchmarks heading for a 3% loss...

Enbridge is seeking shipper interest in a plan to increase the capacity of its Flangan South Pipeline (FSP)...

ExxonMobil on Friday reported flaring at its 565,000 bpd Baytown refinery related to maintenance work...

Marine fuel 0.5% sulfur prices slipped to the lowest they've been since 2021 this week as a big supply overhang in Asia shows little sign...

Poland's Orlen has signed an agreement with Ukrainian oil and gas company Naftogaz to cooperate in the LNG sector, according to a press...

Norwegian oil and gas operator DNO said Friday it has reached an agreement to acquire its domestic rival Sval Energi..

OPEC+ countries are ready to start cutting production again in case of disruptions in the oil market, Russian Deputy Prime Minister...