Eni was handed the largest penalty of €336mn, while ExxonMobil-owned Esso, Italy’s IP and Kuwaiti Q8 were fined between €129mn and €172mn, the regulator’s statement said. Saras and Tamoil, owned by ...

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Oil Prices Set for Sharpest Weekly Jump Since Israel-Iran War

Crude oil prices surged to their strongest weekly gain since June as Russia extended gasoline export bans and curbed diesel exports, fueling supply fears amid ongoing Ukrainian strikes and ...

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Oil set for biggest weekly gain in three months as Russia cuts fuel exports

Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine's attacks on Russia's energy infrastructure push Moscow to restrict fuel exports and close to cutting ...

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Where are Oil Product Prices Heading During the Final Months of 2025?

I last wrote about crude oil on Barchart on August 14, where I concluded: Crude oil is leaning lower in August 2025, with the odds of a challenge to the 2025 lows rising. However, the volatile Middle ...

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France’s Total cuts buybacks in fresh sign of oil price pressures

Morgan Stanley expects every European oil company to cut their buybacks — except BP, which has already reduced them. “Most firms will suspend share repurchases altogether if oil prices fall below $50 ...

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