Iran is blamed for killing two sailors in a tanker attack in Hormuz as U.S.-Iran strikes escalate and Gulf shipping traffic ...

A U.S. delegation used the SCO summit gathering in Bishkek to strengthen ties with Central Asian governments as China, Russia ...

Ryanair cut its winter traffic target and warned poorly hedged rivals may struggle to survive as jet fuel prices near $140 a ...

Russia is turning to Kazakhstan to refine its crude as Ukrainian drone strikes deepen domestic fuel shortages, though the ...

Kazakhstan plans to more than double its oil refining capacity by 2040, adding a new refinery and expanding output to cut ...

Italy’s Eni has signed a 25-year contract with Venezuela’s state oil company PDVSA that makes the Italian energy major the exclusive operator of the giant Junín-5 heavy-oil field in the Orinoco Belt.

That's because the industrial fuel sits at the epicenter of freight, agriculture, construction, and heavy industry; soaring prices ripple quickly through supply chains, raising transportation and ...

Chevron plans to invest more than $7 billion in Venezuela over five years, aiming to more than double its oil output to about 600,000 bpd.

OPEC+ is set to leave oil output policy unchanged for October as the Iran war disrupts Gulf exports and quotas keep outpacing actual supply.

Ryanair is cutting winter capacity to limit its exposure to expensive jet fuel while warning that sustained high oil prices could force weaker European airlines to shrink or fail.

Pakistan rejected an exceptionally expensive LNG cargo and is seeking replacement supply as disrupted Qatari deliveries and ...

Global diesel markets are exceptionally tight as disruptions in the Middle East and Russia drive refining margins to record ...