Hormuz tender for Basrah Medium and Heavy will test whether crude discounts can compensate buyers and shipowners for ...

Sinopec benefited from stronger refining margins in the first half, but the company doesn't see any short-term recovery in ...

The UK major describes how it quickly rerouted jet shipments and ramped up refinery production in Europe to keep planes in ...

Energy portfolio strategies can overlook governability — whether ownership structures and decision rights actually allow ...

A ballot measure would add millions of dollars to fees for industrial users, including refiners, petrochemicals facilities ...

The Hormuz crisis is creating a new energy market reality as buyers diversify supplies and accelerate the shift from ...

Russia’s St. Petersburg International Mercantile Exchange (Spimex), the country’s largest trading platform for petroleum ...

At the present rate of decline, low inventory levels should begin stressing markets in the next couple of months.

Trump's decision to reduce joint military exercises with South Korea and Putin’s visit to a Pacific island claimed by Japan ...

A sharp fall in China's oil demand this year is prompting some analysts to rethink the country's demand trajectory.

The joint venture with trader Mercuria aims to take Phoenix's current production from 28,000 boe/d to more than 100,000 boe/d ...

Gulf exporters are moving more oil through Hormuz, but costly workarounds, persistent attacks and constrained shipping show ...