A pipeline meant to bypass the Strait of Hormuz is still four years and $15 billion away, sources tell Reuters, despite U.S.
China added roughly 200,000 bpd to its crude stockpiles in July as imports rebounded from a decade low, Reuters data shows.
India’s chief economic adviser has called for restoring E10 petrol alongside E20 to address concerns about older vehicles and ...
ONGC has secured U.S. sanctions clearance to resume operations in Venezuela and pursue a larger role in its oil projects.
Asian refiners are seeking alternative pickup points for Saudi crude as security risks around the Red Sea and Bab el-Mandeb ...
China began the third quarter with weaker-than-expected key economic indicators, raising additional concerns about the health of its economy and its demand for crude oil in the coming months. Retail ...
The private businesses tracking the shipments estimate current oil flows out of the Strait of Hormuz at up to 5 million bpd ...
Hormuz tanker traffic slowed sharply over the weekend as shipping risks increased and U.S.-Iran diplomacy remained stalled.
Japan has diversified its crude supply away from the Strait of Hormuz, but the shift has pushed import costs to near-record ...
Petrobras has identified hydrocarbons at its Morpho exploration well in the Foz do Amazonas Basin, marking the company's ...
Eight major oil companies earned nearly $93 billion in the second quarter as the Iran war and disruption to shipping through ...
Argentina LNG, the liquefied natural gas project backed by YPF, Eni and Abu Dhabi-based XRG, has applied for inclusion in ...
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