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.

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance ...

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 ...

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.

U.S. crude oil inventories fell for a ninth consecutive week, reaching their lowest level in almost three years, while gasoline stocks continued to build, according to data released Thursday by the ...

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and ...