Ukraine hit with drones overnight on Wednesday infrastructure in Novorossiysk, which is Russia’s key oil terminal in the Black Sea, in attacks that killed four people and reportedly sparked a fire at ...
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 ...
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 ...
China’s independent refiners are facing collapsing margins as higher oil prices and dwindling supplies of discounted Iranian ...
Iraq is seeking a 6 million-bpd OPEC+ production baseline as Baghdad pursues an aggressive expansion of its oil industry ...
Sinopec expects China's oil demand to drop 8.9% in 2026 as high prices and EV adoption erode gasoline and diesel consumption.
A widespread California heat wave is driving sharply higher electricity demand and wholesale power prices as temperatures climb into the triple digits.
Brent is nearing $100 after U.S. forces destroyed five Iranian crude carriers in retaliation for Iranian missile attacks on a ...
Iran’s oil exports have effectively collapsed under the renewed U.S. blockade, with August loadings down roughly 80% ...
The surge is becoming a political liability, with the Iran war estimated to have added over $100 billion to Americans’ energy ...