The G7 will immediately begin a co-ordinated release of 100mn bl of oil stocks over the next four months, including a substantial diesel release within 20 days, its leaders said today.

Some Asian refiners may have cooled their interest in US WTI crude due to more availability of prompt Middle Eastern crude and rising freight costs, although others are expected to maintain their ...

The US added a fewer-than-expected 29,000 jobs in September while payroll gains for the prior two months were revised lower, including a net loss in July, underscoring weak hiring.

Abu Dhabi's state-owned Adnoc has lowered its October sulphur official selling price (OSP) for the Indian subcontinent to $890/t fob Ruwais, down from its $960/t fob September OSP.

Global iron ore prices are expected to fall over the medium term on higher global supply, declining demand from Chinese steelmakers and growing low-carbon steelmaking alternatives, according to the ...

A proposed 1mn b/d oil pipeline from Alberta to Canada's west coast is a "project of national interest", prime minister Mark Carney said today, putting it on a path to fast-track approval.

Brussels has warned that proposed changes to carbon-market intervention rules could weaken the EU emissions trading system (ETS) and has criticised broader free allocation exemptions in the European ...

UAE-based Emirates Global Aluminium (EGA) has signed an agreement with port operator Gulftainer to expand its aluminium exports from the UAE's east coast, bypassing much of the contested strait of ...

Major oil and gas companies meeting their 2025 carbon and methane intensity targets shows the wider industry can deliver further emissions reductions from operated assets, although financial and ...

Brazilian imports of rolled steel products are expected to fall by 15.1pc to 4.88mn metric tonnes (t) on the year in 2026, according to steel association Aco Brasil.

Industry bodies must keep the lubricants and base oils sector aware of risks and legislation changes, delegates heard at the Union of the European Lubricants Industry (UEIL) congress today.

US crude imports from Venezuela continued to ramp up in July, rising by 11pc from the prior month, with refiner Valero as the top taker, according to Energy Information Administration (EIA) data.