Global oil markets are facing a widening supply gap and further demand contraction this year, Energy Intelligence’s latest ...

The US may no longer be able to play the balancing role that helped prevent oil prices from spiraling during the first round ...

The Madrid-based utility sees no chance of gas supply shortages for its own customers, but fears for Europe at large.

The Norwegian firm is not particularly known for refining or trading but is making the most of its position in NWE as markets ...

Inventories have been depleted, refining capacity has been damaged and the US no longer appears capable of acting as the ...

South Korea, Japan, China and India have come to depend on crude cargoes from Saudi Arabia's Red Sea ports — volumes that are ...

Adnoc has secured a major LNG supply deal with Inpex to support its LNG strategy despite the ongoing crisis in the Middle ...

Mandeb strait has been the main outlet for Saudi oil exports since the Mideast conflict erupted earlier this year, but it too ...

India’s iron and steel sector, the country’s biggest industrial polluter, has until the end of August to respond to draft ...

The latest revisions reinforce a picture of demand erosion that is geographically broader and stickier by product than previously thought.

Dark transits, shuttle tankers and selective risk-taking suggest Mideast Gulf crude is still moving despite recent crossfire ...

China’s crude imports of just over 7 million b/d for June were the lowest since 2016. Amid low refinery throughputs, there is ...