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Middle East crude prices fell sharply during the week as investors remain unconvinced over the latest package cuts announced by OPEC+, while faltering demand growth...

The EU was once again on the back foot at UN climate talks with focus...

Crude oil futures in European trading hours Friday were higher having rebounded from the previous-session’s five-month lows...

The massive 650,000 bpd Dangote refinery in Nigeria is expected to receive its first crude cargo on Friday...

Asian crude prices edged up from the previous session’s five-month lows on Friday, while...

Lock-keepers and barge pilots have stopped nearly all barge traffic on the Albert Canal since Monday...

UAE state-owned renewable energy company Masdar and Austrian energy company OMV have signed an agreement to...

Crude futures and refined products markets moved sideways on the whole Thursday

Gasoline stored in the ARA region recorded another unseasonably large draw this week...

A sample of UK fuel sales indicate a rebound in demand for both gasoline and diesel on the month in November...

Australian oil and gas producers Woodside Petroleum and Santos are in discussions over a merger reported to be in the region of...

Brazil overtook Turkey as the largest buyer of Russian diesel last month, snapping...

Singapore’s light end stocks were up 2% over the week even as trade data showed another week of net exports of gasoline, while fuel oil stocks...

Indian refined product demand fell last month as diesel consumption slowed on the year, official data showed Thursday...

Crude oil futures were moving higher on Thursday as prices found a support level after slumping to five-month lows in the previous session...

Production from core OPEC members dropped in November, as Iraq and Nigeria saw lower levels as major Gulf producers stuck to quotas...

Asian crude prices slumped to five-month lows Thursday as a week-long relentless selloff continued, a move that has dragged products...

Belgian shipowner Euronav NV has exercised its option to buy a third very large crude carrier (VLCC) from Chinese...

US majors ExxonMobil and Chevron announced new spending plans this week, flush with cash from record earnings...

China’s oil demand is expected to peak by the end of this decade, according to the latest estimate from an in-house think tank...