A lightning strike hit a crude oil storage tank at Thai Oil Public Co.'s 275,000 b/d refinery in Sriracha, Chonburi Province, sparking a fire at approximately 4:30 p.m. local time on Monday, the ...

Many oil refineries have caught fire recently. Whether caused by drone strike or accident, the result is the same: more ...

Tehran is reducing crude output to stay ahead of capacity limits instead of waiting for tanks to fill. Read more at ...

Even as Iran maintains its chokehold on the Strait of Hormuz, the Islamic Republic increasingly finds itself squeezed by an ...

Despite Trump’s warning that oil backing up inside Iran would cause pipelines to “explode from within,” analysts say Iran ...

With major fighting paused by an April 8 truce, Iran is locked in a stalemate with the US and Israel, with talks for a ...

Most energy traders used to assume that, even under attack, Iran would not close the Strait of Hormuz, the narrow chokepoint ...

It’s something that happens where it just explodes. And they say they only have about three days left before that happens.

New York – Oil prices jumped more than 5% in Monday trading on fears that a fragile ceasefire between the U.S. and Iran could break down after the U.S. seized an Iranian cargo ship and traffic through ...

Viper Energy (VNOM) collects Permian royalties without drilling costs; variable dividend swings with oil. Base dividend of $0.30–$0.33 per quarter is secure; Viper’s operating cash flow covers it 3x ...

NEW YORK, April 20 (Reuters) - Oil prices jumped around 6% in Monday trading on uncertainty over peace talks between the U.S. and Iran after violence flared around the Strait of ‌Hormuz. Brent crude ...