Russia's Novak calls the oil output drop temporary, but drone strikes on refineries and export terminals are reshaping crude ...

Mitsui OSK Lines now doubts Hormuz shipping will normalize this year after fresh U.S.-Iran strikes reignited the tanker giant ...

Damage to refineries in the Middle East and Russia is tightening global fuel supplies and could keep gasoline, diesel and jet ...

Europe’s unusually depleted gas inventories and disrupted Qatari LNG exports are setting up tougher competition with Asia for ...

Asian spot LNG prices have climbed to their highest level since December 2022 as renewed U.S.-Iran fighting compounds the ...

European leaders are considering tougher sanctions, visa restrictions and stronger air defenses after Germany blamed Russia ...

Chinese refiners are paying record premiums for Russia’s ESPO crude as constrained Iranian and Middle Eastern supplies ...

Refilling the SPR with Venezuelan crude could prove difficult, as Venezuela’s heavy oil may not be suitable for ...

Iraq's oil exports via the Strait of Hormuz nearly doubled in August to 2.34 million bpd, as Iran eased transit and Baghdad ...

Iran is blamed for killing two sailors in a tanker attack in Hormuz as U.S.-Iran strikes escalate and Gulf shipping traffic ...

Diversified Energy is making its largest acquisition to date, adding a major operated position in the Permian Basin.

A U.S. delegation used the SCO summit gathering in Bishkek to strengthen ties with Central Asian governments as China, Russia ...