Some major oil refiners are looking at run cuts of 20% to 30% as dozens of oil-laden tankers remain stuck in the Persian Gulf.

Today’s Forbes Daily also covers the stock market’s muted reaction to Iran, Google’s AI infrastructure plans, a combined Paramount+ and HBO Max streaming service and more.

Singapore's Aster Chemicals and Energy recently announced that a series of its refinery upgrade projects are expected to be ...

Discover the best ways to use THCA isolate for optimal results. Learn about different consumption methods, dosage tips, and the benefits of this potent cannabis extract.

National Oil Corporation (NOC) resumed production at the Mabruk field at 25,000–30,000 barrels per day (bpd) using an early production unit. Authorities target combined output of around 40,000 bpd ...

Indonesia will increase crude oil imports from ​the United States to replace some supply from the Middle ‌East amid an escalating war in the region, its energy minister said on Tuesday.

Most of Iran's exported oil goes to China and is carried on so-called "shadow ships," tankers that actively conceal their ...

Oil prices are up sharply as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply.