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US crude oil inventories posted a larger-than-expected build the week ending 1 November, while stockpiles of refined products...

The cost of transporting residual fuel from the Middle East to Singapore rose sharply in recent weeks amid strong fuel oil exports to Asia ...

Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...

Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...

Benchmark crude oil futures climbed higher Tuesday as easing oversupply concerns met expectations of escalating conflict in the Middle...

US refiner Marathon Petroleum expects margins to recover next year and beyond as it reported a slump...

US crude exports fell to their lowest level of the year in September, official data showed Tuesday, as hurricanes across the US Gulf Coast severed...

As the market braces itself ahead of the US Presidential Election outcome, investors are speculating over the likely implications of...

Diesel cracks in Asia have reached the highest point since the summer as concerns of tighter supply in Q4 came back into focus...

Goldman Sachs is expecting refinery margins to recover before the end of the year after a difficult third quarter...

Saudi Aramco reported a 15% slump in third-quarter profits for 2024 versus last year amid lower prices...

Refinery margins for diesel in northwest Europe are at their widest in about a month, as seasonal maintenance and heating demand...

Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…

Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...

An explosion at Tupras' 230,000 bpd Izmit refinery near Istanbul has been brought under control with no injuries...

US oil and gas prices increased in the early part of the week after a weather system threatening the Gulf of Mexico was upgraded...

Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..

South Korean oil refiners are more upbeat on refining margins for the rest of the year, despite a sharp retreat in the third quarter...

Brazilian crude oil output continued to recover through September to touch its highest levels since the turn of the year, although...

Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...