The United States recently imposed sweeping sanctions on Russia, targeting its oil producers and shipping networks. This has made it difficult for many countries, including India, to continue sourcing ...

Several independent refiners in China have halted operations due to rising taxes on imported feedstock, squeezing their profits.

Oil futures traded slightly lower Monday morning after President Trump paused steep retaliatory tariffs that he had ...

Local and national industry leaders agreed that Trump's new energy policies were overdue. But, that won't stop renewables ...

Indian Oil Corp has bought another 6 million barrels of sweet crude via a tender for April delivery, trade sources said on Monday, as the country's top refiner seek to replace Russian oil after U.S.

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...

The March official selling price (OSP) for flagship Arab Light crude may jump by $2-$2.50 a barrel from February, three of four Asian refining sources said in a Reuters survey ...

Average gasoline prices in Green Bay have fallen slightly. GasBuddy reports a drop of 0.7 cents per gallon in the last week, ...

Price of Premium Motor Spirit (PMS) may remain high in Nigeria as importation of crude oil and surge in price of vessel due to renewed sanctions ...

Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.

Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.

As SA does not have any oil reserves and no gas reserves immediately available, does the country need refineries to produce ...