Oil Policy News

Returning US President Donald Trump has ordered the elmination of what he has long described as the country's electric vehicle mandate...

US oil markets are waiting for details on Donald Trump's plans to resume buying oil for the Strategic Petroleum Reserve after the...

HSFO cracks continued to firm in Singapore trading on Tuesday, hitting their highest levels in almost a year and a half as the market...

Cathay Pacific Airways reported sustained growth in December as robust consumer demand met accelerating business activity to spur...

Mexico's residual fuel exports to the US could drop sharply if the US is to impose a 25% tariff on Mexican and Canadian goods as Donald...

US President Donald Trump made an immediate and bold return to office on Monday, launching his second term with a series of sweeping...

The UK's Pod Point Group warned investors on Monday to expect underwhelming results in 2024, citing weak demand for electric vehicles (EVs)...

President-elect Donald Trump is set to declare a national energy emergency on his first day in office, deploying sweeping executive...

Six US refiners have filed 11 petitions to avoid blending mandates in the US, the Environmental Protection...

The South Korean government said it is looking to import more oil from the US in a bid to reduce its dependence on Middle Eastern barrels considering...

Major investment banks estimate the latest US sanctions targeting Russia's energy sector could affect up to 1.7 million bpd of crude...

A Panama-flagged tanker carrying 99,000 mt of Russian fuel oil is adrift in the Baltic Sea near Germany's Rügen island after losing power...

The impact of climate mitigation policy in managing the GHG emissions of the energy markets has been a larger contributor to inflation...

Crude prices surged on Friday after the US Treasury unveiled sweeping sanctions targeting Russia's oil sector, escalating efforts to...

UK gas reserves are 26% below year-ago levels after a severe cold snap drove demand higher and supply routes tightened, Centrica said Friday...

Middle East shipping risks are likely to surge under a potential second Trump presidency, consultancy Ambrey said in a report...

Norwegian gas production surged to a record high last year, underscoring the country's critical role in bolstering European energy security amid...

President-elect Donald Trump on Tuesday announced plans to revoke President Joe Biden's sweeping offshore drilling ban, describing...

The US government has placed Chinese oil major CNOOC on a military blacklist due to its ties to the People's Liberation Army (PLA), citing...

China's Shandong Port Group has barred US-sanctioned oil tankers from docking, unloading, or receiving services at its key terminals...