Traders are still worried that fresh fighting could damage oil facilities and disrupt supplies. Saudi Arabia’s East-West pipeline is one ex...

Iran's Revolutionary Guards said on Saturday that an oil tanker had exploded and caught fire after hitting a naval mine while transiting th...

Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...

As a secondary use, London is looking at turning discarded coffee grounds into biofuel for public transport. British start-up bio-bean has ...

Singapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risk...

Myrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...

The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...

Amid the uncertainties triggered by the Iran war, Asian countries are stepping up their oil storage frameworks. The Philippines is on a mis...

Tankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...

Efforts to resolve the US-Iran war are heavily influenced by Iran's nuclear program and shipping routes. The Strait of Hormuz plays a cruci...

Aa Ukrainian drone assault targeted the Liberian-flagged Aframax Rio, carrying Indian citizens off the coast of Sochi. Fortunately, all 23 ...

Chengdu-based Sichuan Jinshang Environmental Technology collects used hotpot oil from restaurants and refines it into industrial-grade oil ...

An Indian Oil retail sales manager was allegedly killed in Maharashtra while trying to seal a petrol pump that had remained dysfunctional d...

The EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...

A Liberian-flagged oil tanker carrying an Indian crew caught fire off Russia's Black Sea coast following a Ukrainian drone attack, with all...

Ukraine struck an oil tanker off the southern Russian coast on Tuesday evening, triggering a huge fire and black smoke cloud that blanketed...

Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...