Amid rising tensions between Israel and Iran, Asian refiners are turning to term oil contracts to avoid soaring spot prices ...

Iran has ramped up crude oil exports and filled its Kharg Island storage to avoid missile strikes amid escalating tensions ...

Brent crude prices fluctuated sharply this week, closing slightly lower as escalating Israel-Iran tensions outweighed ...

Oil prices surged nearly 7% last week due to escalating conflict between Israel and Iran, growing fears over the Strait of ...

European diesel prices are surging due to heightened fears of disruption in the Strait of Hormuz, a critical shipping lane ...

Mitsubishi Corp. is reportedly in talks to acquire Aethon Energy’s shale and pipeline assets for up to $8 billion, enriching ...

Russia is reviving its controversial privatization strategy to raise funds amid war spending and sanctions, but critics warn ...

Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it ...

China’s rare earth magnet exports plunged to their lowest in over four years after new export restrictions, triggering supply ...

MEG Energy has rejected a $4.4 billion takeover offer from Strathcona Resources and is now exploring alternative merger ...

Mozambique is ready to lift force majeure on TotalEnergies’ $20 billion LNG project as security improves and investigations ...

Israel’s offensive against Iran is exposing Tehran’s strategic weakness, while the U.S. remains paralyzed, caught between ...