The International Energy Agency agreed to discharge 400 million barrels from emergency oil reserves, its largest-ever release ...
The U.S. Energy Information Administration increased its Brent spot price forecast for 2026 and 2027 in its latest short term ...
Indian refiners have bought about 30 million barrels of Russian oil since the U.S. provided a green light for purchases to help the country cope with a shortfall of Middle Eastern supply, according to ...
Qatar underlined its commitment to remain a reliable energy supplier and looked forward to continuing and strengthening its long-standing energy cooperation with the EU', the European Commission said.
The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE ...
The increase in investor returns comes despite declines in net profit for the fourth quarter and full-year 2025 driven by lower crude oil prices, partly offset by higher crude sales volumes.
Attention is now shifting to Kharg Island, following an Axios report that the Trump administration has discussed seizing the ...
Bahrain's main energy company, which operates the island nation's only oil refinery, declared force majeure on operations ...
By capitalizing on a strong market opportunity, this divestment allows us to monetize an asset that is not central to Shell's lubricants portfolio in the U.S. and reinvest in opportunities that ...
Tankers are avoiding the Strait of Hormuz after joint US and Israeli strikes on Iran, with some vessels halting or reversing ...
While crude has grabbed headlines, the extreme price action is in refined products and particularly middle distillates', Sparta Commodities CEO Felipe Elink Schuurman said.
Trump said the U.S. and Israel were making significant progress in their war on Iran and could end the conflict 'very soon,' curtailing an oil-price surge.