Underinvestment in the oil and gas industry could lead to increased oil market volatility, Opec secretary general Haitham Al Ghais said on Monday as he urged the industry to ensure that the energy transition is inclusive. Read Article  +

Underinvestment in the oil and gas industry could lead to increased oil market volatility, Opec secretary general Haitham Al Ghais said on Monday as he urged the industry to ensure that the energy transition is inclusive. Read Article  +

The long-awaited opening — seven years late — of a giant new oil refinery in Nigeria is looking a lot like a ribbon-cutting exercise. Read Article  +

A OPEC Secretary General Haitham Al Ghais said on Monday that underinvesting in the oil and gas sector could cause market volatility in the long term and imperil growth. Read Article  +

Underinvestment in the carbon fuels sector may lead to volatile long-term and imperil growth, warned OPEC Secretary General Haitham Al-Ghais on Monday. Read Article  +

Asia will lead oil demand growth of around 2 million barrels per day (bpd) in the second half of the year, a senior executive at Vitol (VITOLV.UL) said on Monday, an increase that could potentially lead to a shortage of supply and drive ...  +

Crude oil is likely to trade with an upward momentum after oil cartel OPEC+ decided to extend its production cuts through to 2024. Analysts who track the black gold prices are now predicting that Brent crude prices may hit $100 per barre...  +

Sales of marine fuel, also known as bunker fuel, hit three-month highs in the world's biggest refuelling hub Singapore in April, the latest official data showed, as prices were more competitive than regional ports. Read Article  +

Sales of marine fuel, also known as bunker fuel, hit three-month highs in the world's biggest refuelling hub Singapore in April, the latest official data showed, as prices were more competitive than regional ports. Read Article  +

Asia’s gasoline markets ended the week over 4% down, extending losses from last week, as build up at key trading hubs of Singapore, Middle East and Europe offset gains arising from a larger-than-expected fall in U.S. inventories. Read A...  +