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Inventories of refinery feedstocks in China's Shandong province have risen to the highest level since early April as local refiners rushed to clear...

Japan is set to cut domestic gasoline prices in June amid rising inflationary pressure from US tariffs as inflation remained high due to...

PBF Energy has started bringing several processing units back online at its Martinez refinery in California...

Goldman Sachs has lowered its expectation for crude oil prices as the US introduced sweeping tariffs on its global trading partners, while the market is also...

The US Department of Energy (DOE) has awarded a $1.4-billion contract to Strategic Storage Partners...

Western Canadian Select (WCS) heavy discounts have tightened Thursday unlike similar grades in the...

The US sour Mars Blend's premiums to Nymex oil futures fell after reports OPEC and its allies made a surprise decision to add more oil...

The UK government on Thursday approved plans to almost double passenger numbers at Luton airport...

Benchmark crude oil futures slid on Thursday, the unveiling of Washington's latest sweeping tariffs compounding an unexpected hike in OPEC+...

Daily exports of crude from the US stood at 4.30 million bpd in February, up from 3.93 million bpd for...

Oil futures gapped lower at the Asian open Thursday as the market digested the implications of a bigger-than-expected series of...

IMO members have prepared draft amendments to pollution controls ahead of the MEPC 83 meeting next week...

Equinor's Kollsnes gas processing plant has suspended operations following a power outage, the company announced on Thursday...

BP said Thursday that it would be axing its low-carbon mobility team, marking another casualty in the rewiring of strategy toward the...

Refined oil product inventories in the Antwerp-Rotterdam-Amsterdam (ARA) trading and blending hub increased marginally this week...

Naphtha cracks have plummeted in the West of Suez market, with investors monitoring a US-brokered truce between Russia and Ukraine to...

OPEC+ announced Thursday it will be adding more oil back to the market in May than previously expected...

Middle East benchmark Dubai rowed back Thursday as the latest round of US tariffs rocked oil markets, while naphtha prices...

US crude oil, refined oil products and natural gas imports were all left out of a sweeping overhaul of the country's trade policy and look set to...

BP on Thursday announced it has safely delivered its first gas from the Cypre development offshore Trinidad and Tobago...