The weekly average retail diesel price published Monday by the Department of Energy/Energy Information Administration, used for most fuel surcharges, rose 0.5 cents per gallon to $3.665. That follows ...

Jefferies estimates that VLCC utilisation was at 83% before US sanctions started ramping up last October. The number has ...

According to the STEO, the EIA sees the Brent spot price averaging $74.50 per barrel this year and $66.46 per barrel next ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

A senior Russian energy official has spoken out against U.S. sanctions, stating that they should not interfere with the oil ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

Chevron Versus California The energy giant sank the state's first successful oil well, kicking off a boom that powered California's economy for more than a century. Goodwill has since gone dry. Garcia ...

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing ...

The EIA increased its estimate for U.S. crude production while leaving its demand forecast unchanged. It now expects U.S.

We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it,” the oil ...