Australia's vulnerability to liquid fuel shortages and price hikes has intensified.

A controversial proposed update to one of California's major clean air policies is facing intense pushback from the oil industry, environmental groups, the governor of Nevada and some state lawmakers.

India, March 16 -- The visual, or the part-graphic, with this article may not make sense to most people. It may not gel with any reader. With the current global crude oil prices hovering around $100 a ...

The Petroleum Refining Industry Club under the FTI says Thailand’s fuel supply remains secure despite global price volatility ...

Now Brent is back to where it was on average in the year of Russia’s full-scale invasion of Ukraine. Should Hormuz stay closed for much longer, Russia could reap another “2022-style windfall”—enough ...

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?

Oil futures touched $100 per barrel this week as Iran’s new Supreme Leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed, the waterway through which a fifth of the world’s oil and ...

Three years ago, California built a first-in-the-nation system aimed at protecting drivers when oil markets turn calamitous.

The Department of Energy Business says the recent rise in refinery margins is a normal market mechanism after talks with refiners, adding that it does not directly affect pump prices.

South Korea will allow its refiners to export only the same volumes of gasoline, diesel and heating kerosene as they did for the same months in 2025, after imposing domestic price caps on various ...

Fuel costs in California are soaring even more than in the rest of the U.S. due to several unique factors, with fallout from the war ​in Iran forecast to push pump prices in the state to $10 a gallon ...

The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy ...