The U.S. federal government has approved a project for the construction of a deepwater oil terminal on the Texas coast,…
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The American Petroleum Institute (API) estimated that crude oil inventories in the United States decreased by 11.1 million barrels in…
Washington is preparing to take another step deeper into Venezuela’s oil sector, with plans to issue a broad license that…
Iranian gunboats made a pointed move in the Strait of Hormuz this week, approaching a U.S.-flagged oil tanker in what…
Marathon Petroleum (NYSE: MPC) beat fourth-quarter earnings expectations by a mile as refining margins surged in the latter part of…
The oil tanker “Grinch” (R), suspected of belonging to the Russian’s shadow fleet, is seen outside the coast of Martigues…
Oil markets remain hostage to Trump-driven uncertainty, as mixed signals on India’s stance toward Russian crude collide with renewed speculation…
Oil tanker rates on the key Middle East-to-China route surged this week to the highest level since November as vessel…
Following the trade deal announced by U.S. President Donald Trump, Indian refiners seek clarification about Russian oil imports from their…
QatarEnergy is expected to announce a major long-term supply agreement with the biggest power utility in Japan, allowing the world’s…