Oil Policy News

President Donald Trump may consider rolling back tariffs on selected goods from Canada and Mexico, according...

US Congress voted to do away with a fee put in place during the Biden Administration on methane emissions...

The US Treasury has set a one-month deadline for Chevron to suspend its operations in Venezuela, the department announced on Tuesday...

Gasoline prices in the United States surged to six-month highs this week as investors braced for tariffs on Canada and Mexico, with import...

The US imposed 25% tariffs on imports from Canada and Mexico on Tuesday, triggering swift retaliation from Ottawa and raising the...

Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...

Eight OPEC+ countries representing a combined 30.5 million bpd of crude output said Monday they will stick with previous guidance...

The European Commission will speed up a review of its 2035 targets to cut tailpipe emissions from cars with a focus on full technology neutrality...

A Venezuelan navy vessel threatened ExxonMobil FPSOs operating offshore Guyana over the past few days, the US and Guyana governments said...

Finland has freed an oil tanker suspected of severing a key power cable in the Baltic Sea, but three crew members remain barred from...

A fire broke out at the Ufa oil refinery in Russia's Bashkortostan region early Monday, with authorities citing a technical malfunction...

Venezuela was among the top five suppliers of crude oil to US refineries last year, most of which was...

Annual crude oil production set a record in 2024, averaging at 13.22 million bpd, after holding above the 13-million-bpd mark for most of...

The chemical industry in Europe is facing extinction, Jim Ratcliffe, CEO of INEOS, said in an open letter to European politicians earlier this week, adding that decarbonising Europe by deindustrialisation was 'idiotic'...

The Canadian province of British Columbia is doubling its target for biofuel blending in diesel and excluding all imported fuels, in a move...

Saskatchewan's premier will consider permits sought for pipe projects through the Canadian province...

President Donald Trump plans to up the tariff rate on Chinese goods entering the US to 20% from next...

Washington has granted a 30-day suspension of sanctions on Serbian oil company NIS, President Aleksandar Vucic said Thursday...

Bullishness in the Asian HSFO market persisted during Thursday's session, with cracks hitting fresh highs and the paper curve steepening...

US President Donald Trump has ordered that an oil concession issued in 2022 allowing US E&Ps to produce...