Japan's industry ministry will switch back to Dubai crude as the benchmark for gasoline subsidy calculations on June 4, after ...

The war in Iran and the accompanying shipping bottleneck are triggering a historic crisis in the aluminum market, with ...

TotalEnergies is extending its fuel price caps at French service stations through end-June as the Strait of Hormuz blockage drives refining margins to multi-year highs.

Ukraine's drone campaign has knocked out 25% of Russia's oil refining capacity, pushing Moscow toward a comprehensive diesel ...

British households face a 13% rise in regulated energy bills from July as higher wholesale gas prices feed through to Ofgem’s ...

Mozambique disputes TotalEnergies' $2 billion cost overrun claim from the LNG project delay, as an independent audit fails to ...

Dallas Fed President Lorie Logan says the world may need to consume less oil and gas to stabilize markets, as Middle East ...

Oil prices fell as traders focused on hopes for a U.S.-Iran deal despite continued hostilities, tight inventories, and the ...

Texas oilfields may become America’s next major lithium source as AI-driven battery demand surges and Permian wastewater ...

A rare U.S. strategic oil shipment to the Philippines underscores how the Hormuz crisis is forcing Asia to seek crude ...

FirstEnergy’s Ohio utilities have filed a three-year rate plan centered on grid upgrades, reliability improvements and ...

China’s top offshore crude oil and natural gas producer, CNOOC, on Wednesday announced the launch of full production from phase one development of the Kenli 10-2 oilfield in the south Bohai Sea. The ...