With no end in sight to renewed Mideast hostilities and few shock absorbers left to cope with disruptions, the market is in a precarious place.

Yemen's Houthis launched an "embargo" of Saudi Arabia's Red Sea ports by attacking at least one Saudi-owned vessel, while also claiming an attack on a second ship.

The major is entering assets, advancing FIDs and mulling Hormuz bypasses, but Pouyanne suggested the "reward" may "have to be a little higher" amid risks.

Over the past three months, Russia accounted for over one-third of the oil shipments that went through the Bab al-Mandeb Strait.

The EU has reached agreement on additional sanctions against Russia while granting an exemption to Greece allowing it to ship Russian LNG to third countries.

Global oil stocks — supported by China's active moves — proved critical in the US-Iran conflict's first phase. But can they act as a long-term buffer as the crisis reignites?

A flurry of agreements suggest Iraq's upstream ambitions increasingly depend as much on commercial flexibility and export optionality as on adding new production.

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 ...