Oil Policy News

Denmark will start inspecting and potentially blocking Russian oil that sails through its waters as part of a plan to tighten enforcement of...

State-owned Petroecuador will wind down production at a major oil block in the Amazon rainforest till

The US DoE has purchased just 1.2 million/b of crude in its latest tender to replenish the SPR...

ussian authorities are expected to remove all the remaining restrictions on fuel exports as early as next week...

The UK has sanctioned 29 companies and individuals linked to Russia, including the Dubai-based oil trader Paramount Energy...

Russia could end a ban on gasoline exports in the coming days after the short-lived policy helped ease high domestic prices, according to a...

China's National Development and Reform Commission lowered the price ceiling for gasoline and diesel in the domestic market for...

Independent oil refiners in China are said to have received additional export quotas for oil products, as export volume slumped...

OPEC Secretary-General Haitham Al Ghais said Tuesday that the global economy remains healthy despite challenges due to...

China's Ministry of Commerce on Tuesday disclosed a new regulation that requires commodity traders to share...

The US Department of Energy has issued its latest tender to replenish its Strategic Petroleum Reserve, asking the market for offers on up...

The UK government is stepping up efforts to target more oil and gas output from the North Sea...

A group of US senators on Thursday introduced new legislation to impose a fee on carbon-intensive products imported from countries...

The Japanese government on Thursday confirmed its plan to extend subsidies on oil, gas and power by another four months beyond the current...

Higher energy prices over the past two years have significantly reduced the cost of achieving net zero, but the remaining...

Production from the core OPEC members increased for a third consecutive month in October, as output discipline from GCC members of the group was offset by...

The number of vessels that can transit via the Panama Canal each day is to be restricted even further to just a trickle as ongoing drought...

Chinese demand for refined oil fuel products is expected to jump in the fourth quarter of this year, according to a top executive from...

The European Commission highlighted diesel stocks as it main vulnerability at an...

Oil demand growth has been strong this year thanks to growth in Chinese demand and the recovery of air travel and that trend is likely...