Asia's crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they ...

Less than a month into President Donald Trump’s second term, he reintroduced the “Maximum Pressure” policy against Iran, ...

The EIA also reported a weekly supply decline of 3 million barrels for gasoline, while distillate inventories edged up by 100,000 barrels. The survey forecast an inventory increase of 1.3 million ...

The weekly average retail diesel price published Monday by the Department of Energy/Energy Information Administration, used for most fuel surcharges, rose 0.5 cents per gallon to $3.665. That follows ...

Jefferies estimates that VLCC utilisation was at 83% before US sanctions started ramping up last October. The number has ...

According to the STEO, the EIA sees the Brent spot price averaging $74.50 per barrel this year and $66.46 per barrel next ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing ...

The EIA increased its estimate for U.S. crude production while leaving its demand forecast unchanged. It now expects U.S.

Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in ...