Japan’s oil import costs surged as high crude prices and supply diversification widened the country’s trade deficit.
Ship traffic through the Strait of Hormuz remains severely depressed as escalating regional conflict complicates Saudi Arabia ...
Caturus plans to nearly double the capacity of its Commonwealth LNG project in Louisiana as demand for long-term U.S. LNG ...
Falling Chinese gasoline and diesel inventories are increasing the risk that Beijing will again restrict refined-fuel exports, potentially tightening an already strained global market.
Oil-price risks remain firmly to the upside, with inventories falling rapidly and demand destruction increasingly becoming ...
A huge price gap has opened between Gulf crude and oil outside Hormuz, with Iraqi Basrah Medium offered at a $43 discount to ...
Saudi Arabia, Turkey and Pakistan’s new Makkah Defence Alliance faces its first major test, with the NATO-style pact treating ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a very large 7.14 ...
UAE Turns Iraqi Discounts into Trading Edge. ADNOC reportedly agreed to buy 72 million Iraqi barrels for August–September at ...
Chinese solar panels have fallen to just $0.12 per watt, fueling a global boom in cheap distributed solar for homes, ...
China's yuan crude futures hit a record high this week as a Saudi pipeline attack and rising Chinese refiner demand push oil ...
U.S. diesel prices have reached a record weekly high and now have a credible path toward surpassing the record annual average ...