Record high tanker freight rates are pushing strait of Hormuz crude flows — and Iranian attacks on tankers — to some of the highest levels since the outbreak of war between Iran and the US.

Crude flows through Saudi Arabia's East-West pipeline have recovered to around 5.5mn b/d, according to a source, allowing for a restart of exports from the Red Sea port of Yanbu.

Brazilians go to the polls on 4 October for what looks set to be the tightest presidential race in recent history, with candidates' energy platforms also closer than in past elections.

The G7 will immediately begin a co-ordinated release of 100mn bl of oil stocks over the next four months, including a substantial diesel release within 20 days, its leaders said today.

Significant work remains to transition the world away from fossil fuel in aviation and shipping, despite repeated support pledged at UN climate talks.

Germany's readiness for winter was a source of debate at the Handelsblatt Gas 2026 conference in Berlin, with storage operators cautioning that low inventories could leave the country exposed to ...

The US added a fewer-than-expected 29,000 jobs in September while payroll gains for the prior two months were revised lower, including a net loss in July, underscoring weak hiring.

Some Asian refiners may have cooled their interest in US WTI crude due to more availability of prompt Middle Eastern crude and rising freight costs, although others are expected to maintain their ...

Global iron ore prices are expected to fall over the medium term on higher global supply, declining demand from Chinese steelmakers and growing low-carbon steelmaking alternatives, according to the ...

Abu Dhabi's state-owned Adnoc has lowered its October sulphur official selling price (OSP) for the Indian subcontinent to $890/t fob Ruwais, down from its $960/t fob September OSP.

A proposed 1mn b/d oil pipeline from Alberta to Canada's west coast is a "project of national interest", prime minister Mark Carney said today, putting it on a path to fast-track approval.

Brussels has warned that proposed changes to carbon-market intervention rules could weaken the EU emissions trading system (ETS) and has criticised broader free allocation exemptions in the European ...