Crude oil
IEA ready to further tap global oil reserves if needed, chief says
The 32-member IEA agreed last month to release 400 million barrels of oil from reserves, the largest-ever coordinated release, in a bid to calm oil markets. The U.S., the world's largest oil and gas producer, agreed to release 172 million barrels from its Strategic Petroleum Reserve.
Russia’s Rosneft diverts oil to Tuapse refinery from drone-hit Novorossiysk port
A Ukrainian drone attack sparked a large fire at the Sheskharis oil terminal in the Novorossiysk port last week, damaging two of its main berths and forcing oil exports from the port to halt.
How China is plugging energy supply gaps left by U.S.-Iran conflict
China secured roughly half of its total imports of crude oil, refined fuels, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Middle East in 2025.
Oil tankers steer clear of Hormuz ahead of U.S. blockade
The move followed the collapse of weekend talks between Washington and Tehran, prompting President Donald Trumpto say on Sunday the U.S. Navy would enforce a blockade targeting vessels entering and leaving Iranian ports, even as Washington stressed it would not restrict transit through the strait itself.
Vietnam's Binh Son refinery has enough crude oil to operate until early July
The 130,000-bpd refinery will buy all crude oil produced domestically for its operations.
Saudi Arabia restores full capacity on East-West oil pipeline to 7 MMbpd after attacks
Saudi said on Thursday the attacks had cut its oil production capacity by around 600,000 bpd and throughput on its East-West Pipeline by about 700,000 bpd.
India permits Iranian oil tankers to berth for Reliance
Iranian oil is often transported by a so-called shadow fleet of vessels that lack internationally recognized insurance and safety certifications.
TotalEnergies says SATORP refinery in Saudi Arabia damaged after incidents
Saudi Arabia's oil production capacity has been reduced by around 600,000 bpd following attacks on energy facilities.
Australia, Singapore leaders pledge closer energy ties to tackle global supply shock
The leaders said they agreed to ensure the flow of essential supplies including diesel and LNG, making "maximum efforts" to boost their energy security.
Ireland facing 'very severe' situation due to protester fuel blockades, PM says
Industry group Fuels for Ireland said more than 100 petrol stations had run out of fuel and that number could rise to 500 by tonight.
- UPM and BASF accelerate the transition to recyclable, fiber-based packaging 5/4
- Australia's Viva Energy expects to restart Geelong refinery units in June 5/4
- China's Commerce Ministry blocks U.S. sanctions against five refineries 5/4
- ADNOC launches Industrial Resilience Program at "Make it in the Emirates" to boost UAE industrial capacity and strengthen supply chains 5/4
- Iraq starts work on Basra-Haditha oil pipeline 5/4
- Record U.S. biofuel targets to test biodiesel industry after slow year 5/4
