Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured ...

EIA data showed US jet fuel stocks built by 445k b/d to 41.626m bbl in the seven days to Jan. 3, a 1.1% rise week-on-week and ...

China's fuel oil imports are expected to slow down after the government increased import tariffs, putting further pressure on the already strained margins of independent refiners.

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, ...

According to the CBN, it paid out $1.25 billion to oil industry participants between January and September 2024 to import ...