A potential disruption of more than 15 million bpd from the Middle East cannot be replaced by U.S. shale. IEA: U.S. shale could add only 240,000 bpd initially and about 400,000 bpd later in the year.

SINGAPORE, March 4 (Reuters) - Asian refiners dependent on Middle East crude are expected to cut output soon because they are unable to get prompt replacement cargoes after the ‌U.S.-Iran war brought ...

The price of key petroleum fuels soared on Monday as markets opened after the Iran conflict escalated over the weekend, with the jump in diesel futures prices outpacing the surge in crude prices as ...

Coconut oil may be the most controversial of all cooking oils. While many nutrition experts warn that its high saturated fat content is concerning for heart health, the tropical oil is embraced by ...

U.S. shale drillers cannot increase production quickly enough to solve an oil supply crisis caused by Donald Trump‘s war in Iran, industry bosses have warned, saying a big rise in output would take ...