Energy Market News

US crude oil imports rose for a fourth consecutive month in January, reaching a six-month high of 6.55 million bpd, driven by increased...

Energy Secretary Chris Wright plans to seek up to $20 billion to fulfill President Donald Trump's goal of refilling...

Middle East crude extended the six-week downwards trend with oil prices hammered down the lowest levels seen in the post-Covid period...

Kazakhstan has tasked oil majors operating in the country with cutting output as the country struggles to meet its OPEC+ production...

Marathon Petroleum is to start maintenance at its 255,000 bpd Robinson refinery in Illinois in the coming weeks, Reuters reported Friday...

Gasoline is pointing east again from Europe as prices slumped in another volatile week, despite firmer paper cracks...

Diesel margins extended losses this week as increased shipments through the Suez Canal and warmer regional temperatures alleviated supply...

Weekly US natural gas inventories slipped yet another week to reach the lowest volumes since May 2022...

China's crude oil imports fell 3% in the first two months of 2025 from a year earlier, as port restrictions in Shandong and higher freight...

German antitrust authorities have launched an investigation into price reporting agencies S&P Global Platts and Argus Media...

Dubai crude bounced off three-year lows Friday but the Middle East marker was still heading for heavy weekly losses, while the selloff in...

Saudi Aramco on Friday reduced the Official Selling Price (OSP) for its flagship Arab Light crude loading in April, reflecting the...

Canada's Parkland Corp is planning on completing a divestment of its assets by the end of this year in response to calls from its largest shareholder...

Benchmark crude oil futures witnessed a correction on Thursday as markets retraced a steep sell-off that had sent prices sliding to...

US President Donald Trump on Thursday granted another one-month suspension of tariffs on Mexican imports from...

South Bow is seeing "extreme" demand for Canadian heavy crude from markets in the US Gulf Coast...

Crude oil futures Thursday were pulling away from multi-year lows, finding some support after the week's sharp selloff...

A record 190,000 mt of Mexican high sulphur fuel oil (HSFO) is making its way to Europe this month...

Refined oil product inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub increased for the first time in a...

South Bow received approval in early March from the US Pipeline and Hazardous Materials Safety Administration...