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Crude slipped Tuesday as the market weighed more US sanctions on Venezuela and a breakthrough in Russia-Ukraine peace talks...

The Gulf Mercantile Exchange has completed the first trade on its new OTC platform, marking a step forward in regional crude pricing flexibility...

The Panama Canal Authority (ACP) has delayed to October incentives for shipowners to adopt decarbonization and greenhouse gas emissions...

India's refiners processed a record 5.4 million bpd of crude oil last month as its sector continues to go from strength to strength amid...

The UK's North Sea regulator sees more investment in offshore oil and gas output than previously expected after...

The US, Ukraine and Russia have agreed to a ceasefire on the Black Sea that will halt attacks on commercial shipping in the region in a...

Trafigura's chief executive has blamed a series of systemic organisational failures for the $1.1 billion losses in its Mongolian oil business, although...

A jet fuel leak from a pipeline operated by Energy Transfer's subsidiary Sunoco Pipeline in a Pennsylvania county...

Ithaca Energy has struck a $193 million deal to acquire the UK business of Japan Petroleum Exploration, boosting its stake in the...

The owner of St1 and minority shareholder in Neste has proposed breaking Neste into two separate conventional refining and biofuels...

Vitol's Chief Executive Russel Hardy sees more than enough oil supply to meet global demand in the medium term despite increasingly...

Singapore's front-month marine fuel crack dropped to its lowest level since June as rising crude prices and sluggish bunker demand...

Gunvor's chief executive warned on Tuesday that the global oil market faces potential oversupply over the year ahead as demand struggles to...

Middle East crude markets posted comfortable gains Tuesday after a US threat to clampdown on Venezuelan exports, while marine fuel...

China's crude oil imports from the West of Suez are expected to spike in April as sanctions on Russian energy trade flows dented cargo...

Global oil trade volume has already peaked as countries shift focus to energy independence over foreign reliance, Carlyle Group's Jeff Currie...

Crude oil prices rowed back early gains during trading in European hours on Tuesday, dropping back to flat on the day after the US...

European Union car sales declined in February, led by sharp drops in Germany and Italy, as high interest rates and political uncertainty...

India's fuel oil imports fell to their lowest level in over four years in March as Reliance, the country's biggest private importer, reduced...

The Trump administration has extended the wind-down period for Chevron's E&P activities in Venezuela to 27 May from an earlier target...