Ukrainian drones hit Russia's Novorossiysk oil port and naval base, killing four and sparking a fire at a fuel terminal.

Morgan Stanley says war uncertainty in Iran and Ukraine is pushing oil traders into shorter-dated bets, draining liquidity ...

Indian refiners are operating above nameplate capacity and shifting production toward diesel as domestic demand rises and ...

Industry officials at APPEC warn the diesel supply crunch is set to worsen, with refining capacity stretched thin heading ...

Brent crude climbed above $100 per barrel as escalating U.S.-Iran hostilities and attacks on regional energy infrastructure ...

Iraq is seeking a 6 million-bpd OPEC+ production baseline as Baghdad pursues an aggressive expansion of its oil industry ...

Sinopec expects China's oil demand to drop 8.9% in 2026 as high prices and EV adoption erode gasoline and diesel consumption.

Brent is nearing $100 after U.S. forces destroyed five Iranian crude carriers in retaliation for Iranian missile attacks on a ...

Iran’s oil exports have effectively collapsed under the renewed U.S. blockade, with August loadings down roughly 80% ...

Relief is unlikely anytime soon, as lost Middle Eastern and Russian supplies are difficult to replace and upcoming refinery ...

A widespread California heat wave is driving sharply higher electricity demand and wholesale power prices as temperatures climb into the triple digits.

China’s independent refiners are facing collapsing margins as higher oil prices and dwindling supplies of discounted Iranian ...