The Strait of Hormuz will ultimately reopen but Iran and Oman will set new conditions for passage, including transit fees, ...

Russia is preparing to sharply reduce crude oil exports this month as mounting refinery disruptions, fuel shortages, and ...

Aker BP will receive an additional 2.2 million barrels of oil equivalent after the partners in the Johan Sverdrup field ...

U.S.-Iran peace talks appear stalled, with both Washington and Tehran potentially benefiting from a prolonged conflict rather ...

Global oil inventories are being rapidly depleted to offset lost supplies, raising fears that the world could soon reach ...

China's LNG imports have jumped to their highest since the Iran war started, as Chinese buyers ramp up to replace lost Qatari ...

Workers at Inpex's Australian LNG sites vote to double daily strike stoppages to 8 hours from June 11, threatening supply at ...

Iranian crude swung from a $2 premium to a $1 discount to Brent in weeks as China's teapot refiners cut run rates amid ...

U.S. gasoline inventories remain adequate, but their historically rapid decline since February suggests the fuel market has ...

Yemen's Houthis have banned all Israeli shipping from the Red Sea, threatening a second major oil export route as Israel and ...

OPEC+ approved another output increase even though the Strait of Hormuz disruption means much of the added supply may remain ...

China has delayed 500,000 bpd of refining capacity, including an Aramco-backed plant, as Hormuz disruptions slash crude ...