Western sanctions designed to limit Moscow's crude export revenues are stalling as Russia cranks up seaborne shipments, ...

A flurry of activity surrounding LNG export projects in Canada, Mexico and Alaska reflects the major role North America could ...

Nova Scotia is preparing to open its onshore gas fields to drilling, while Newfoundland hopes to tap into vast offshore ...

Beneath the recent headline improvement in US refined product stocks, there is more localized risk, particularly in East ...

Some first movers could jump on an interim US-Iran deal, but industry sources say the shipping sector will need more ...

Russia’s Gazprom has agreed to another three-month extension of the gas contract with Serbia and also agreed on extra gas supplies to Kazakhstan.

US Treasury Secretary Scott Bessent on Thursday suggested that the US would likely extend the sanctions waiver on sales of Russian crude and products held in floating storage again, but would tailor ...

A summary of US Energy Information Administration and Enerdata reports on North American storage volumes on Jun. 5, 2026 - TK.

China has managed to weather the ongoing oil supply crisis so far, thanks largely to trends taking shape well before tanker traffic through the Strait of Hormuz came to a near-standstill on Feb. 28.

Global commodities trader Trafigura’s net profit during the half-year period ending Mar. 31 surged to $4.1 billion, as it took full advantage of the market turbulence caused by the near-closure of the ...

The global aviation sector is standing on the edge of a potentially disastrous summer with no end in sight to the jet fuel supply crisis caused by the near-closure of the Strait of Hormuz. Globalized ...

Outside the Mideast Gulf, global production of crude oil and other liquids has been growing steadily. Some producers, both state-owned and private, are trying to maximize output to take advantage of ...