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Saudi Arabia has increased its OSPs for August-loading barrels to Asia, reflecting the firmer spot premiums fo grades traded last month...

The OPEC+ group underwent a major reset in response the Covid-19 pandemic in 2020. The following is a list of key decisions since then...

OPEC+ has further accelerated the unwinding of voluntary cuts by announcing a combined quota increase of 548,000 bpd in August...

Benchmark crude futures inched lower Friday but still ended the week up nearly 3%, while LSGO hit fresh highs to on renewed supply concerns...

Orlen was in the process of restarting its Litvinov refinery in the Czech Republic Friday after it was knocked offline by a major blackout...

Singapore's HSFO crack narrowed this week as crude benchmarks rose, while regional inventories climbed and prompt market tightness eased...

Deliveries of refined oil products from Exolum terminals into the Spanish market reached the highest level in a year in June as both domestic...

The One Big Beautiful Bill, passed by Congress on 3 July, delivers a sweeping package of measures designed to boost oil and gas production...

Diesel cracks rallied this week as concerns over supply started to resurface, with sliding inventories on both sides of the Atlantic...

Venture Global LNG has secured a 20-year sales contract with Malaysia's state-owned oil and gas company Petronas, the US operator said...