The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin,…
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Russia’s Gazprom (GAZP.MM) has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official…
Oil prices fell Friday, as uncertainty surrounding the market’s demand/supply balance prompted traders to cash in some of the week’s strong gains.
By 10:10…
Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand…
Russia’s Rosneft (ROSN.MM)said on Friday that fuel prices in Germany will likely jump if the PCK Schwedt refinery it owns alongside Shell
OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia’s invasion of…
Oil prices rose more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices…
Germany’s Uniper (UN01.DE) is prepared to swap liquefied natural gas (LNG) it gets from Australia’s Woodside for U.S. gas, so it can boost supplies in…
The global energy market will get a million barrels of oil if the US and Iran resuscitate the 2015 nuclear deal, but even if they do, it…
Sep WTI crude oil (CLU22) today is down -1.36 (-1.50%), while Sep RBOB gasoline (RBU22) is up +0.0403 (+1.36%). Sep nat gas (NGU22) is…
As energy bills mount and the threat of rationing increases, some European retailers are turning off lights and considering shorter opening hours this winter.
Russian oil pipeline flows resumed to Central Europe on Wednesday, ending a six-day halt, after Hungarian group MOL paid transit fees owed to Ukraine, providing a temporary…
The chairman of Iran-Iraq Joint Chamber of Commerce said that Iraq tries to increase import of gas from Iran.
Yahya Al-e Es’haq made the…
A member of the Energy Committee of the Islamic Assembly considered the construction of petro-refineries as one of the defense tools to fight the sanctions, and said:…
Oil prices see-sawed on Tuesday, as worries that a slowing economy could cut demand vied with news that some oil exports had been suspended on the Russia-to-Europe…
Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow,…
Oil prices fell Monday, extending last week’s hefty losses, amid persistent concern about weakening demand with the Federal Reserve likely to continue its aggressive monetary tightening.
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned Western…
Spain’s government said on Monday that an energy saving plan approved last week will not be postponed and is mandatory, despite calls by the opposition and regional…
U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats’ $430 billion spending bill, arguing SAF is more carbon…