The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its
The prompt July price spread between diesel prices in Asia and Europe stretched further to a discount of nearly $120
California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned
The Middle East crude benchmark spot premium of Oman rose to a near three-week high on Thursday, while that of
Kazakhstan plans to keep oil output at the current level until year-end, Energy Minister Erlan Akkenzhenov was quoted as saying
Regulators should consider limits on leverage used by non-bank financial firms such as hedge funds as well as measures to
Oil prices dropped on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market participants
The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead
The recovery in global jet fuel demand is set to slow and stall below pre-pandemic levels this year and next