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UAE says ready for another oil capacity boost if markets require

11/07/2025

The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its

July diesel east-west price spread hits widest in 2-1/2 years, LSEG data shows

11/07/2025

The prompt July price spread between diesel prices in Asia and Europe stretched further to a discount of nearly $120

Refinery closures present risk for higher gasoline prices on the West Coast

11/07/2025

California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned

Middle East Crude-Oman hits near three-week high, Dubai edges down

11/07/2025

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 steady until year-end, Ifx reports

10/07/2025

Kazakhstan plans to keep oil output at the current level until year-end, Energy Minister Erlan Akkenzhenov was quoted as saying

Hedge funds should face limits on leverage, global regulator recommends

10/07/2025

Regulators should consider limits on leverage used by non-bank financial firms such as hedge funds as well as measures to

Oil falls as Trump’s expanded tariffs cloud demand outlook

10/07/2025

Oil prices dropped on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market participants

US to produce less oil in 2025 than previously expected amid declining prices, EIA says

10/07/2025

The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to

US crude stockpiles rise, gasoline falls on July 4 driving demand, EIA says

10/07/2025

U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead

Jet fuel demand falters as Chinese curb overseas trips, US policies weigh

10/07/2025

The recovery in global jet fuel demand is set to slow and stall below pre-pandemic levels this year and next

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