Jack Wittels

Declining water levels on the Rhine River are severely restricting the amount of oil that barges can carry to parts of inland Europe.

A key metric for measuring the profitability of making diesel in Europe is at its weakest in more than 15 months, creating a headwind for refiners.

A key metric for measuring the profitability of making diesel in Europe is at its weakest in more than 15 months, creating a headwind for refiners.

How the son of an adviser to Ayatollah Khamenei is said to have become a major player in international energy markets.

A possible oil spill stretching 2.2 nautical miles in length was spotted in a location matching the Sounion tanker, after the vessel caught fire following an attack by Yemen's Houthi rebels in the Red Sea earlier this month.

Production set to transform road fuel market once ramped up Nigeria is struggling to supply gasoline due to indebtedness

The refinery has been gradually ramping up after years of delays. The plant's owner, Aliko Dangote, said in July the plant was aiming to start gasoline production from August.

(Bloomberg) -- Gold was steady ahead of US employment data due later this week that may influence the Federal Reserve's rate-cutting path.

Oil held steady near the lowest prices in more than a year as risk-off sentiment in broader markets undercut an OPEC+ agreement to pause its planned crude production increase for two months.

Oil prices tumbled to their lowest in nearly a year, hit by weak US jobs data and ongoing concerns about slowing demand, despite OPEC+ efforts to limit supply.