Oil Policy News

The European Commission has proposed a legally binding plan to phase out all Russian gas imports by 1 January 2028, in a move aimed at...

Ukrainian authorities are considering exempting gasoline suppliers from penalties for failing to meet a 5% ethanol blend until 1 January 2026...

Most European refineries will need to convert over to low-carbon fuel production or shut down, amid rising global competition and weakening...

The South Korean government has decided to prolong its tax break policy on domestic gasoline and diesel consumption, as renewed conflicts between...

Russia struck Ukraine's Kremenchuk oil refinery overnight in the first direct attack on energy infrastructure since informal talks began...

The South Korean government has decided to increase the tax breaks for natural gas imports amid heightened tensions in the Middle East that sent...

Bid-ask spreads for key crudes like Mars Blend in the US and Canada's Western Canadian Select (WCS) widened Friday while prices also rose...

President Donald Trump has signed an executive order to end the mandate for electric vehicles in California...

US Energy Secretary Chris Wright said it is "unlikely" that national crude production will decline in 2026, rejecting a revised...

The UK Maritime Trade Operations (UKMTO) office has warned of potential military escalation in the Middle East that could directly impact...