Gulf Coast refiners, including Valero and Phillips 66, are seeking to resume imports of Venezuelan heavy crude.

U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices ...

An acceleration of warming that started in 2023 continued through 2024, according to the latest annual climate assessment by ...

MEG Energy has conducted a repurchasing program that has created value for its investors. Learn why MEG:CA stock is a Buy.

The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...

Oil markets have seen thin liquidity and rangebound prices this week, with ICE Brent hovering near $66 a barrel as traders focus almost entirely on the upcoming Trump–Putin meeting in Alaska.

The Trump-Putin meeting has become the main commodity market news of this week, with analysts speculating about the ...

Diesel, the top component of global fuel demand, has been the lone bright spot in an otherwise lackluster oil market this year as refinery closures and a shortage of crude with higher diesel yields ...

"The latest data show lackluster demand across the major economies," said the International Energy Agency in its latest report.

Ironically, while Trump now targets India, he has overlooked Europe’s continued imports of Russian gas and LNG. The EU remains the largest buyer of Russian pipeline gas (37%) and LNG (51%).

US President Donald Trump is deliberating whether to impose additional tariffs on China for its imports of Russian crude oil, ...

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