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 ...

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

The Mideast Gulf's oil producers are expediting new pipelines to bypass the Strait of Hormuz. How realistic are these plans?

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

The unprecedented number of attacks on tankers in the Mideast and Ukraine conflicts has pushed freight rates to record levels ...

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

The Trump administration's shift to economic warfare against Iran leaves the conflict open-ended and is likely to force ...

Europe’s heatwaves are exposing energy vulnerabilities, forcing new thinking on power generation, cooling demand, grid ...

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

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

Crude oil loadings on Saudi Arabia's Red Sea coast have fallen after Yemen's Houthis announced a "maritime embargo" against ...

China’s July Mideast crude imports more than doubled from June as a short-lived Iran-US ceasefire allowed more trans-Hormuz ...