Vessel owners and oil traders are hesitant to enter long-term charter deals for oil tankers amid heightened geopolitical uncertainty since U.S. President Donald Trump took office. The U.S. tariffs[...]

Oil prices were under pressure early on Tuesday morning despite the Trump administration announcing fresh sanctions on Iran's oil industry on Monday. •⁠ ⁠President Trump’s recent push for a[...]

Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal lands, casting it as an opportunity to catalyze development of[...]

The U.S. Administration will fill up fast the Strategic Petroleum Reserve (SPR), President Donald Trump said at an investment conference in Miami. “We’ll fill it up fast, but it’s[...]

Kazakhstan will try new crude deliveries to Hungary through Russia's Druzhba pipeline system in 2025, its energy ministry announced, after receiving Hungary's foreign minister in Astana to discuss cooperation[...]

In January this year, the outgoing Biden administration slapped its last round of sanctions on Russia. They targeted specifically the shipping industry and the oil industry—and helped oil prices[...]

Germany is set to extend its trusteeship over Russian oil company Rosneft's local subsidiaries for another six months, marking the fifth time it has done so. Back in 2022,[...]

The Middle East will again dominate front-page headlines in the coming days. Newly elected U.S. President Trump, as promised during his election campaign, is putting the already fragile security[...]

President Trump declared a national energy emergency as soon as he took office. The declaration had the goal of facilitating growth in energy supply or, as Trump likes to[...]

Tariffs on Canadian oil could lead to reduced refinery runs and higher gas prices in the U.S. Midwest. Analysts predict Mexico may opt to divert exports to Asia and[...]

Oil prices took a sharp turn today as traders weighed President Trump’s latest “maximum pressure” push against Iran. While a quick glance at today’s oil prices could suggest traders[...]

The US will impose a 10% tariff on energy imports from Canada and a 25% tariff on energy imports from Mexico, both major suppliers of crude to US refiners.[...]

Russia’s refining sector, the world’s third largest, has entered its second consecutive unprecedented year with new drone attacks against the largest plants, emergency shutdowns, sanctions, discussions on export bans,[...]

President Trump's reversal of Biden's climate policies has angered Big Oil executives, who invested heavily in low-carbon technologies under the previous administration. The withdrawal from the Paris Agreement and[...]

Chevron has started producing oil from the $48 billion expansion of the giant Tengiz field in Kazakhstan. It hopes to reach peak output of around 960,000 barrels per day[...]

US crude inventories fell 1.02 million barrels, EIA says Futures had advanced earlier in session on Russia sanctions Oil fell after President Donald Trump said he’ll push Saudi Arabia and OPEC to[...]

A decline in shipments in the seven days to Jan. 19 kept four-week flows below 3 million barrels a day for a fourth week. Russia’s seaborne crude exports saw[...]

President-elect to invoke powers on day one: people familiar Actions set to touch full spectrum of the US energy industry President-elect Donald Trump is poised to invoke emergency powers[...]

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and[...]

The European gas market was on high alert Jan. 13 after the Russian military claimed that Ukraine had targeted the Russkaya compressor station, which feeds gas for the TurkStream[...]

The full-year decline marks the first time crude imports have fallen since 2022 when China was still in the grip of its zero-Covid policy. Click for full story [...]

Geopolitics will take center stage for Indian crude buyers in 2025. The country has grown reliant on Russian barrels sold at a discount thanks to a US-enforced price cap[...]

President-elect Donald Trump warned the European Union that its exports will get hit with US tariffs if its member states don’t buy more American oil and gas. President-elect says[...]

Norway's oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. Norway's oil and gas[...]

Oil supplies to German refineries via Poland were unaffected by a leak reported Sunday in one of the two Druzhba pipeline links, Polish state pipeline operator PERN SA said[...]

Trump win could pave the way for increased US production Stronger dollar also puts some downward pressure on oil prices Oil futures were slightly lower and trading in a[...]