Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 world oil demand is set to increase at its lowest rate since 2009, barring ...

The Department of Interior (DOI) is proposing to reopen up to 82%of the 23-million-acre National Petroleum Reserve in Alaska ...

Limited has hinted that it may sell off the nation’s ageing refineries, as efforts to revamp them have become more complex ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...

MOTORISTS may need to brace for higher fuel prices next week as global oil markets react to stronger demand and renewed ...

The UK's FTSE 100 fell 0.4% due to concerns over domestic growth and U.S. tariff policies. Despite this, it recorded a ...

FTSE 100 closes winning week on the back foot - Figures showed the UK economy shrank again in May, confounding expectations ...