BP has appointed Carol Howle as deputy chief executive officer, expanding her remit to oversee strategy and portfolio review ...

OPEC+ is preparing to weigh another output increase this Sunday as the world’s most critical oil artery remains effectively ...

U.K. airlines have only weeks of jet fuel reserves as the Iran conflict disrupts global supply chains, raising the risk of ...

WTI crude spiked to $111.29 per barrel on Thursday, with Brent trading at $107.57, inverting the global benchmark structure ...

India has waived import duties on 40 key petrochemicals through June 30 as the Middle East war diverts domestic output to LPG ...

The Strait of Hormuz blockade is triggering a cascading global supply shock across critical commodities, threatening energy, ...

Canada’s synthetic crude has surged nearly 200% since March 27 as the Middle East war chokes global diesel and jet fuel supply.

Japan’s largest LNG importer has terminated a long-term supply deal with Commonwealth LNG, underscoring growing uncertainty ...

Australia has put gas producers on notice over a potential east coast supply shortfall in Q3 2026, citing disruption from the ...

Oil markets are rapidly repricing toward $120–$150 per barrel as disruptions in the Strait of Hormuz constrain global supply with no clear resolution in sight.

Europe faces a prolonged energy crisis marked by sustained high prices and tightening supplies, particularly in diesel and ...

Oil prices surged sharply after Donald Trump signaled further escalation against Iran, raising fears of prolonged conflict ...