Russia hiked its fuel oil and vacuum gasoil (VGO) exports to India and Turkey in May as buyers preferred to purchase more ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

U.S. electricity rates are likely to rise above inflation due to grid upgrades and growing data center demand—with consumers, ...

Amid rising tensions between Israel and Iran, Asian refiners are turning to term oil contracts to avoid soaring spot prices ...

Brent crude prices fluctuated sharply this week, closing slightly lower as escalating Israel-Iran tensions outweighed ...

Iran has ramped up crude oil exports and filled its Kharg Island storage to avoid missile strikes amid escalating tensions ...

Oil prices surged nearly 7% last week due to escalating conflict between Israel and Iran, growing fears over the Strait of ...

European diesel prices are surging due to heightened fears of disruption in the Strait of Hormuz, a critical shipping lane ...

Russia is reviving its controversial privatization strategy to raise funds amid war spending and sanctions, but critics warn ...

Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it ...

Mitsubishi Corp. is reportedly in talks to acquire Aethon Energy’s shale and pipeline assets for up to $8 billion, enriching ...

China’s rare earth magnet exports plunged to their lowest in over four years after new export restrictions, triggering supply ...