Oil Policy News

Argentina's road fuel demand fell to its lowest level in over three years last month as a big drop in diesel demand was joined by lower...

South Korea has further extended its oil product sale tax cut until the end of this year as the policy marks its two-year anniversary but the rate...

Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...

Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...

Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...

China has issued a larger crude oil import quota for non-state importers at 257 million mt next year, equating to an average of 5.14 million bpd, the...

Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...

Libya's National Oil Company (NOC) said crude oil production was back to its peak of more than 1.3 million bpd on Sunday, including record...

The UK government has announced a fresh wave of sanctions on Russian-owned tankers in an attempt to restrict its earnings from the...

Global jet fuel consumption will grow 45% by 2040 as emerging market demand for air travel continues to rise even as alternative...

Nigeria's upstream regulator has reportedly blocked Shell's sale of its onshore assets, amid concerns over the proposed consortium's...

Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...

California Governor Gavin Newsom singed legislation Monday that could force the state's dwindling number of refiners to hold...

The Indian government has begun discussions to develop a post-2025 roadmap to further raise the ethanol blend in gasoline from 20%, according...

The Democractic Republic of Congo (DRC) has cancelled an auction of oil concessions in the key peatland basin of the Cuvette Centrale...

BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...

Russia is set to further increase supplies of natural gas to Hungary, having already increased supplies to the EU state...

Japan's energy market subsidies, including those propping up wholesalers' gasoline margins, should be extended beyond the year-end, the...

Crude oil output at Kazakhstan's Tengiz field has risen to record levels this month as another major oilfield undergoes scheduled...

The deployment of electric vehicle charging stations in the UK rose by 3% over the month in October, latest figures from the UK Department...