Latest News
25 Mar 2025
US commercial crude oil stockpiles fell as did refined products for the week ending March 21, according to the industry...
25 Mar 2025
Six Native American tribes have withdrawn from a federal environmental review of Enbridge's Line 5 pipeline project in Michigan, citing...
25 Mar 2025
Shell plans to grow LNG sales and keep oil output steady as it shifts focus to high-return hydrocarbons and a simplified...
25 Mar 2025
Crude slipped Tuesday as the market weighed more US sanctions on Venezuela and a breakthrough in Russia-Ukraine peace talks...
25 Mar 2025
The Gulf Mercantile Exchange has completed the first trade on its new OTC platform, marking a step forward in regional crude pricing flexibility...
25 Mar 2025
The Panama Canal Authority (ACP) has delayed to October incentives for shipowners to adopt decarbonization and greenhouse gas emissions...
25 Mar 2025
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...
25 Mar 2025
The UK's North Sea regulator sees more investment in offshore oil and gas output than previously expected after...
25 Mar 2025
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...
25 Mar 2025
Trafigura's chief executive has blamed a series of systemic organisational failures for the $1.1 billion losses in its Mongolian oil business, although...
25 Mar 2025
A jet fuel leak from a pipeline operated by Energy Transfer's subsidiary Sunoco Pipeline in a Pennsylvania county...
25 Mar 2025
Ithaca Energy has struck a $193 million deal to acquire the UK business of Japan Petroleum Exploration, boosting its stake in the...
25 Mar 2025
The owner of St1 and minority shareholder in Neste has proposed breaking Neste into two separate conventional refining and biofuels...
25 Mar 2025
Vitol's Chief Executive Russel Hardy sees more than enough oil supply to meet global demand in the medium term despite increasingly...
25 Mar 2025
Singapore's front-month marine fuel crack dropped to its lowest level since June as rising crude prices and sluggish bunker demand...
25 Mar 2025
Gunvor's chief executive warned on Tuesday that the global oil market faces potential oversupply over the year ahead as demand struggles to...
25 Mar 2025
Middle East crude markets posted comfortable gains Tuesday after a US threat to clampdown on Venezuelan exports, while marine fuel...
25 Mar 2025
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...
25 Mar 2025
Global oil trade volume has already peaked as countries shift focus to energy independence over foreign reliance, Carlyle Group's Jeff Currie...
25 Mar 2025
Crude oil prices rowed back early gains during trading in European hours on Tuesday, dropping back to flat on the day after the US...