Oil Policy News

Oil prices fell for a second session on Thursday as markets reacted to US President Donald Trump's announcement that Washington and Moscow...

India's LNG imports are poised for further growth as the country ramps up infrastructure and cements natural gas as a pillar of its...

US consumption of distillate fuel oil through 2026 will surpass that seen last year to set record highs because ...

The Energy Information Administration (EIA) sees an increasing supply of liquid petroleum fuels through 2026 ...

Several European countries bordering the Baltic Sea are working on plans to detain Russian oil tankers in their waters, but maritime...

India is open to buying more Venezuelan crude oil for its booming refining sector and is in discussions to get further deals over the...

Asian fuel oil prices continued to trade higher than Brent crude during Tuesday's session as the market continues to price in the impact...

Ukraine's military have claimed it struck the Saratov oil refinery in a drone attack overnight, setting it on fire...

US President Donald Trump has signed an executive order suspending enforcement of the Foreign Corrupt Practices Act (FCPA), a...

Japan is interested in importing ammonia and bioethanol from the USA, in addition to LNG, Prime Minister Shigeru Ishiba said on Friday at his press conference with President Trump...

Nigeria's Dangote refinery may begin operating at full capacity in 30 days, the head of the refinery said on Monday, while the NNPC continues...

Singapore gasoline cracks hit their highest levels since May during trade at the start of the week as expectations of lower exports out of...

Weekly US drilling activity rose for a second week, with increments registered in five states that included...

The Nigerian National Petroleum Company and an independent oil production partner achieved 96% reduction in associated gas flaring...

The US Department of Energy will sacrifice meeting its net-zero greenhouse gas emission targets in favour of expanding domestic oil and gas...

South Korea will extend its tax cuts for gasoline, diesel and LPG for three more months as the country's inflation continue to creep higher, the acting president Choi Sang-mok announced...

Lukoil's 300,000 bpd Volgograd refinery shut down on 3 February following a drone attack that damaged a key distillation unit and...

Goldman Sachs expects that China's retaliatory sanctions aimed at US goods will have a limited impact, causing only shipments to...

US President Donald Trump has signed off on legislation aimed at restoring "maximum pressure" on Iran, which are set to impact oil...

Marathon Petroleum Corp (MPC) sees growth in petroleum product demand for its fuels extending through...