Chinese fuel trader HY Energy is suing JP Morgan and Citi in Shanghai and Beijing over $40M in blocked payments to an oil ...
Major institutions, including Goldman Sachs and executives from TotalEnergies and ExxonMobil, say commercial inventories are ...
Iran is relying on overland trade routes, Caspian Sea shipping, and rail exports to China to mitigate the economic impact of ...
The Middle East conflict has cut 120 bcm from global LNG supply through 2030, forcing the EU to seek extra gas this summer, ...
EU Commissioner Tzitzikostas says jet fuel price spikes don't exempt airlines from reimbursing passengers for canceled ...
Iran confrontation over the Strait of Hormuz intensified as Tehran admitted the American naval blockade is crippling its oil ...
Angola’s Cabinda refinery, the country’s first new facility in 50 years, has begun shipping diesel domestically and naphtha ...
The EU banned, effective April 25, imports of LNG from Russia under spot contracts as part of its wider stepwise ban on all ...
Oil prices collapsed on Wednesday as markets continued to digest reports that the U.S. and Iran were discussing a one-page ...
Oil prices fell again as hopes for a U.S.-Iran agreement outweighed lingering concerns over the Strait of Hormuz blockage and ...
Asia is facing plastics shortages because of the oil and gas supply crunch caused by the war in the Middle East, with medical ...
Australia will require major LNG exporters to reserve 20% of gas production for domestic use in an effort to prevent east ...
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