Oil Policy News

Japan's minority government will extend costly consumer support measures aimed at capping gasoline prices into 2025 as it looks to...

The Japanese government has announced a target to blend 10% ethanol in gasoline by 2030, rising to 20% in 2040...

The US DOE has awarded tenders for the purchase of 2.4 million barrels of US-origin crude for delivery into its SPR...

California regulators voted 12-2 last Friday to implement significant updates to the state's Low Carbon Fuel Standard (LCFS) in an...

The global crude oil market saw prices trading lower on Friday despite the Chinese government announcing a massive $1.4 trillion stimulus package...

Oil prices are likely to fall next year and could drop as low as a $60/b average for Brent following Donald Trump's election win Wednesday...

Oil prices eased Wednesday as investors weighed the implications of a convincing victory for Donald Trump in US Presidential race...

Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...

TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...

Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…

A Bashneft refinery in the Russian Republic of Bashkortostan was targeted in a Ukrainian drone attack overnight, the first apparent...

US refiner PBF Energy has responded to criticism from Californian lawmakers that have accused the company and its peers of ripping off...

Spain's governing Socialist party reached an agreement Thursday to scrap its energy windfall tax that has been heavily criticised...

OPEC+ is considering a further delay to scheduled planned production increases according to Reuters, while the broader market is split...

Ukraine and Russia have started early talks that would see the two belligerents avoiding attacking each other's energy infrastructure...

Global energy major Saudi Aramco is exploring investment opportunities in Vietnam's oil market in a bid to streamline its crude flows...

Kazakhstan expects to cut its official crude oil output figure for the year after an extended maintenance break at one of its major...

Austrian oil producer and refiner has said that it is not financially dependent on Russian gas after having successfully diversified its import...

The US has tendered for up to 3 million barrels of US-origin crude oil for delivery into its Bryan Mound SPR site...

Russian gas and LNG producer Novatek has shut the only operating train at its Arctic LNG 2 project and will cease commercial operations at...