Again Capital Partner John Kilduff on Monday pointed to weak manufacturing and investment data in Asia as further evidence the oil price rally has already peaked.     Read Article  +

A stronger greenback makes dollar-traded oil imports more expensive for countries using other currencies, potentially hitting demand and weighing on prices.     Read Article  +

Gold and agricultural attract buyers while oil sees an increase in bets on falling prices.     Read Article  +

Iran plans to increase its refining capacity for crude and condensate by more than 70 percent within the next four years as it works to improve the quality of fuel sold on the domestic market and wean itself off imported gasoline.     Read Article  +

A band of saboteurs that calls itself the Niger Delta Avengers has been prowling the swamps of Nigeria’s petroleum-rich south for four months, bombing pipelines and diving underwater to destroy equipment.     Read Article  +

Diesel, one of the worst performing fuels in the refining complex for years, has seen its fortunes turn around as extreme hot weather has boosted demand, especially at power generators in South Asia.     Read Article   +

Oil market watchers see supply and demand moving back into balance despite the Organisation of Petroleum Exporting Countries refusing to rein in output, but remain worried prices are still too weak to drive much-needed investment.     Read Article  +

About 30 minutes down a pot-holed road from Vilanculos, where dhows ferry tourists to luxury resorts on Bazaruto island, Sasol Ltd. is ramping up output of a fuel that could transform the world’s 13th poorest nation.     Read Article  +

Chinese fuel makers rushing to cash in on the nation’s booming car market may end up creating a glut of gasoline, possibly forcing the excess onto overseas markets.     Read Article  +

Oman crude oil trading on the Dubai Mercantile Exchange increased for the fourth consecutive month in May, rallying to fresh yearly highs as production cuts and unscheduled outages around the world combined to eradicate the oversupply in the marke...  +