Brent crude heads for a weekly gain as Houthi attacks on Saudi Arabia offset hopes for a US-Iran deal to reopen the Strait of Hormuz.
Saudi Arabia's pivot away from Yanbu after Houthi attacks has maxed out Oman's ship-to-ship oil transfer capacity and pushed tanker rates to a record.
Global biofuel production could surge nearly 70% by 2030 as countries raise blending mandates to improve energy security amid ...
Record-high U.S. diesel prices have triggered a debate over export restrictions as refinery disruptions tighten global fuel ...
Record diesel prices are being driven primarily by a global shortage of refining capacity and diesel supply rather than record crude oil prices.
Freight now accounts for roughly 20% of crude cargo costs, turning the VLCC shortage into an increasingly expensive squeeze on Asian oil buyers.
A new IEA report finds the Hormuz-driven energy crisis has put 35% global electrification by 2035 within reach, framing a key ...
China could reduce refined fuel exports in October as depleted domestic inventories and stronger seasonal demand prompt ...
Yahya Rahim Safavi, an adviser to Iran’s Supreme Leader Mojtaba Khamenei, warned Thursday of another significant expansion of the war if the Islamic Republic suffers an attack again.
The US invited Putin to December's G20 summit in Miami while pressing Russia and Ukraine to halt strikes on each other's ...
A prolonged Iran war is creating multiple profit channels across energy, including higher crude prices, record refining ...
Saudi Arabia’s effort to bypass the Strait of Hormuz is being squeezed by soaring tanker insurance and shipping costs in the Red Sea.