Latest News

The International Energy Agency (IEA) has said oil and gas companies need to spend more than $500 billion/year just to maintain current...

Crude oil futures were consolidating the recent uptrend as traders assessed the damage from the latest wave of drone attacks on Russia's...

Middle East crude rowed back Tuesday as the US called a halt to immediate tariffs on China, while gasoline prices continued to firm against Brent...

The European Union has postponed the unveiling of its next sanctions package against Russia as the bloc seeks further measures to dampen...

Increased cargo flows of Sokol crude oil produced in Russia's Far East to China are expected to put pressure on the prices of ESPO grade in the...

The Ukrainian military has carried out an overnight drone attack on the 140,000 bpd Saratov refinery in southwestern Russia, causing explosions and...

The Canadian government has approved the planned expansion of the giant Canada LNG project, with plans to make it one of the largest...

Goldman Sachs said oil prices remain underpinned by risks to Russian production, even as inventories rise and demand growth slows...

Imperial Oil said it has started shutting down process equipment at its 120,000 bpd Sarnia refinery in Ontario for a planned six-week...

California Resources Corp (CRC) will merge with Berry Corp in deal that will expand CRC's holdings in...