Oil Policy News

Three US fuel retailer associations have written a joint letter to the Environmental Protection Agency calling for an emergency waiver allowing...

The Department of Energy has issued its latest tender to resupply the Strategic Petroleum Reserve (SPR) as is looks to secure 3 million...

A Russian oil depot has been hit in the Belgorod region and a fire started after a Ukrainian drone attack that marks the first successful strike...

India's Reserve Bank has asked state-owned refiners to push Middle East Gulf crude oil suppliers to accept at least 10% of payments in rupees...

The Rubymar bulk carrier hit by Yemeni missile strikes near Bab al-Mandeb on February 18, has sunk according to US Central Command...

The Chinese government has decided to raise domestic price ceilings for gasoline and diesel for...

Bulgaria has halted Russian oil imports nine months ahead of an exemption granted by Brussels...

The majority of OPEC+ producers have agreed to extensions on the voluntary cuts that were announced last November...

Global energy-related carbon dioxide emissions hit a new record last year, but the rate of increase slowed...

ULSD refining margins in Europe and Asia were set to end the day at their lowest level in six weeks as weak US demand data dovetailed...

Russia will not look to halt exports of diesel as it has done with overseas gasoline sales to destinations outside the CIS, deputy...

Russia will ban gasoline exports for six months effective 1 March, government officials announced Tuesday...

The US has sanctioned Russia's biggest tanker fleet operators as it looks to tighten enforcement of a range of measures aimed at restricting...

The US government has approved a request from eight midwestern states for year-round sales of E15 gasoline from April 28, 2025 after reports had circulated...

South Korea is to extend tax cuts on domestic fuel prices again in a bid to...

EU lawmakers reached an agreement Friday with the German government on the phase-out of trucks and lorries running on fossil fuels...

Restocking of the US' Strategic Petroleum Reserve (SPR) is set to continue, with the Department of Energy (DOE) saying Thursday it is looking...

An expected rubberstamp vote by EU countries on CO2 reduction targets for trucks and lorries in the EU, which would see almost all new sales of...

Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...

Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...