Ukrainian drones hit Russia's Novorossiysk oil port and naval base, killing four and sparking a fire at a fuel terminal.

Morgan Stanley says war uncertainty in Iran and Ukraine is pushing oil traders into shorter-dated bets, draining liquidity ...

Indian refiners are operating above nameplate capacity and shifting production toward diesel as domestic demand rises and ...

Iraq is seeking a 6 million-bpd OPEC+ production baseline as Baghdad pursues an aggressive expansion of its oil industry ...

Industry officials at APPEC warn the diesel supply crunch is set to worsen, with refining capacity stretched thin heading ...

Brent crude climbed above $100 per barrel as escalating U.S.-Iran hostilities and attacks on regional energy infrastructure ...

Brent is nearing $100 after U.S. forces destroyed five Iranian crude carriers in retaliation for Iranian missile attacks on a ...

Sinopec expects China's oil demand to drop 8.9% in 2026 as high prices and EV adoption erode gasoline and diesel consumption.

Iran’s oil exports have effectively collapsed under the renewed U.S. blockade, with August loadings down roughly 80% ...

China’s independent refiners are facing collapsing margins as higher oil prices and dwindling supplies of discounted Iranian ...

Copper prices hit record highs even as global smelting margins collapse to zero, exposing who really controls the world's most critical metal.

Relief is unlikely anytime soon, as lost Middle Eastern and Russian supplies are difficult to replace and upcoming refinery ...