News

Russian mid-sized oil producer Tatneft launched a new hydrocracking unit at its TANECO refinery, the company reported on Friday.
Crude oil stocks, not including the SPR, stood at 415.1 million barrels on June 20, the EIA's latest weekly petroleum status report showed.
Crude oil and gasoline prices settled mixed on Friday. Crude found support on signs of easing trade tensions as the US moves closer to trade deals with China and other trading partners.
Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last year and continue to slide in 2025, too ...
Higher crude prices benefit ethanol prices and may prompt the world's sugar mills to divert more cane crushing to ethanol production rather than sugar, thus curbing sugar supplies.
Alberta anticipates a significant budget surplus for the fiscal year 2024-2025 driven by higher resource royalties, despite projecting a deficit for the subsequent year due to U.S. trade risks and ...
The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory Authority (EPRA) July-August review.
The recent oil price spike ended as routinely as it arrived after hostilities ceased in the Middle East. So, where next for oil prices as a potential supply glut looms?