A vessel was struck by an unidentified projectile while exiting the Strait of Hormuz as escalating regional tensions kept oil above $91 per barrel.

A pipeline meant to bypass the Strait of Hormuz is still four years and $15 billion away, sources tell Reuters, despite U.S.

China’s refined-fuel exports rebounded in July as Beijing relaxed restrictions imposed after the Iran war disrupted global energy supplies.

China added roughly 200,000 bpd to its crude stockpiles in July as imports rebounded from a decade low, Reuters data shows.

Chevron's new offshore Angola discovery could tie into existing Block 0 infrastructure, adding fresh momentum to the ...

U.S. copper imports hit a 12-year high in July as traders raced Trump's tariff call, even as LME stockpiles crash to a ...

Libya's power grid collapsed again Monday, knocking out water systems and deepening anger at the government amid the third ...

War and extreme drought are simultaneously disrupting critical shipping routes from the Middle East to Europe and the Panama ...

Libya needs between $36 billion and $40 billion in foreign investment to expand its oil industry and raise output to 2 million barrels daily by the early 2030s, the Financial Times has reported, ...

Oil prices rose as U.S.-Iran tensions escalated while refinery disruptions drove diesel margins to historic highs.

ExxonMobil and its partners have committed $1.1 billion to early work on Mozambique’s planned Rovuma LNG development.

Following the Washington-led removal of Venezuela’s previous president, Nicolás Maduro, from office on 3 January this year, U.S. firms are pushing hard to keep increasing oil p ...