Oil trader Litasco SA is starting to terminate jobs with days to go until US sanctions are to come into effect on the firm’s ...

The energy watchdog says it’s possible global oil consumption could keep increasing through the middle of the century.

The International Energy Agency further tempered its stance on an imminent peak in oil demand, reinstating a scenario in ...

India has scaled back purchases of Russian crude for arrival in December, showing that Western sanctions and trade talks with ...

Oil rose as wider markets were lifted by a push to end the US government shutdown, with crude traders also looking toward a ...

A buildup of a billion barrels of oil on the world’s oceans includes a disproportionately large amount of crude from nations ...

Processors will have to pay more for their feedstock, but a global oversupply should provide plenty of options.

A dispute between rival traders is causing trouble for the oil business that Moscow built to keep the pumps working following ...

South Sudan President Salva Kiir dismissed Vice President Benjamin Bol Mel, who had been seen as a potential future leader of ...

A spike in freight rates for tankers hauling oil has prompted a wave of vessels to join the lucrative trade, with dozens of ...

Namibia plans to consolidate control of its petroleum sector under the office of the presidency, as the southern African ...

Ukraine claimed a second attack this month on a key Rosneft PJSC refinery in Russia’s Volga region as military authorities in ...