Energy Market News

Canada's largest refiner, Irving Oil, hiked the price of nearly all its fuel heading to the US on Tuesday by 10%...

Enbridge has unveiled multi-billion-dollar projects to expand capacities of its liquids pipelines to prepare for ...

The US Treasury has set a one-month deadline for Chevron to suspend its operations in Venezuela, the department announced on Tuesday...

Marine fuel prices in Singapore fell to their lowest in more than three-and-a-half years on Tuesday as weaker global trade and rising tariffs...

Spain's road fuel consumption fell to one-year lows in January, industry data showed Tuesday, falling for the fourth consecutive month in line...

Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...

The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...

Gasoline prices in the United States surged to six-month highs this week as investors braced for tariffs on Canada and Mexico, with import...

Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...

Crude oil output in the Canadian province of Alberta slipped from December's all-time high to 4.19 million bpd in January...

Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...

Abu Dhabi's Adnoc and Austria's OMV have agreed terms to merge their polyolefin businesses to create one of the largest petrochemical companies in the world

Russian authorities have put out a fire at an oil pipeline in the southern Rostov region after a suspected Ukrainian drone strike overnight, acting governor Yuri Slyusar said on Tuesday...

More Venezuelan crude oil could head to China in the coming months via the so-called dark fleet market as US President Trump axed Chevron's licence to...

Goldman Sachs warned of downside risks to oil prices as eight OPEC+ countries move to unwind voluntary production cuts earlier than...

Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...

Tanzanian refined products imports in April will total roughly 786,000 mt, which, although not an increase from March, still reflects a more...

Eight OPEC+ countries representing a combined 30.5 million bpd of crude output said Monday they will stick with previous guidance...

The European Commission will speed up a review of its 2035 targets to cut tailpipe emissions from cars with a focus on full technology neutrality...

Asian jet fuel cracks fell to a two-month low Monday as the end of peak heating season freed up kerosene supplies, increasing availability...