Oil Policy News

Kazakhstan's energy minister said the country's national interest takes precedence over OPEC+ commitments, raising fresh doubts about...

The US has targeted an LPG trader over his links to the Iranian government, penalising companies with sanctions for handling "hundreds of...

Global energy service provider Haliburton sees more risks embedded in its market outlook for the rest of this year amid the uncertainty in...

Russia lowered its oil price and export forecasts for 2025, pointing to tighter fiscal conditions as energy revenues decline and trade...

South Korea will continue to offer tax breaks on domestic oil products for another two months at a lower rate against a backdrop of softer...

Talks between the US and Iran on Tehran's nuclear ambitions were seen moving forward after the two sides agreed to a third round...

Ports in the US will begin charging new fees that will increase over time for ships belonging to Chinese...

The Department of Interior (DOI) is looking to develop an expanded multi-year US offshore oil and...

he EU has dropped plans to include Russian LNG imports in its next sanctions package due to resistance from some members and...

The US Army Corps of Engineers (USACE) plans to fast track permit application for a project to relocate...

The US Treasury has sanctioned another Chinese independent refiner for trading Iranian oil, stepping up efforts to pressure Tehran...

Global trade will shrink this year as US tariffs and policy uncertainty hit industrial output and cross-border flows, the World Trade Organization...

Nigeria aims to establish a national strategic petroleum products reserve this year, the country's petroleum products regulator said on...

Swedish demand for biofuels in gasoline dipped in February after hitting a three-month high, while demand for pure renewable diesel also fell...

Indonesia is planning to boost imports of crude oil and other energy products from the US as part of a broader push for a new trade agreement...

US energy consumption is set to increase this year but then progressively decline for the next several...

The International Energy Agency (IEA) has slashed its global oil demand growth forecast for this year and the next, citing deepening trade...

Regional markets could see a speedier decline in available Venezuelan crude supply after reports surfaced...

The US and Iran held the first direct talks in years over the weekend in a final bid to find an agreement on Tehran's nuclear ambitions...

Russia expects crude oil production to remain broadly flat through 2050, according to the country's newly published Energy...