Russia is facing a significant oil transportation crisis due to recent U.S. sanctions, according to Bloomberg oil strategist Julian Lee. On Jan. 10, the U.S. Treasury sanctioned 161 oil tankers ...

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 8.7 million ...

The first ship in a 30 billion-kroner ($2.7 billion) plan to store emissions under the North Sea arrived in Norway as the ...

The Nigerian Navy said that the ongoing Operation DELTA SANITY II has recorded great successes against crude oil theft as ...

KULAI: Some 325,400 litres of crude palm oil worth more than RM1.3mil have been seized during a raid at an illegal palm oil ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

The Trump Administration has taken its first sanctions move against Iran, blacklisting shipowners, managers and a VLCC ...

Gas inventories were reported to draw 174 Bcf last week versus the consensus of a 170 Bcf draw.Maximize Your Portfolio with Data Driven ...

African Refinery Group (ARG), the LOT1 Concession and operator of several of NNPC’s downstream crude oil and refined petroleum products pipelines, storage depots, supply distribution facilities and ot ...

Crude oil futures fell more than 2% on Wednesday as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential U.S.-China trade war were signals of weak economic growth ...

Goldman's analysts also said higher Russian and Iranian liquids supply of late equates to an increase of only about 200,000 b/d and focused on "sanctions-driven frictions" for oil from both countries.