Diesel and jet fuel prices have risen sharply as disruptions tied to the escalating Iran conflict ripple through global fuel markets.
Refiners are beginning to balk at eye-watering premiums on available oil barrels, threatening to slow down the flow of the ...
Canberra is poised to renew taxpayer subsidies for Australia’s two remaining refineries as the Iran crisis highlights supply chain vulnerabilities.
The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
When crude prices surge on geopolitical shock, refiners do not all respond equally. The death of Iranian Supreme Leader ...
S. Korea's refining and petrochemical industries are considering cutting production as crude oil supply disruptions tied to ...
Institutional money is moving into U.S. refiners with conviction, and the earnings data backs it up. Marathon Petroleum (NYSE: MPC), Phillips 66 (NYSE: PSX), and Valero Energy (NYSE: VLO), have all ...
Oil markets are awash in crude, keeping a lid on prices and squeezing drillers. For U.S. refiners, though, the glut is proving a windfall. The big three U.S. refiners — Marathon Petroleum, Valero ...
Japanese oil refiners are asking the government to release crude from the nation’s strategic petroleum reserves as the Middle East crisis worsens, according to people familiar with the matter.
March 9 (Reuters) - Shares of Indian refiners slumped on Monday, as the widening U.S.-Israeli war with Iran propelled Brent ...
NEW DELHI, March 5 (Reuters) - Refiners in ⁠India ⁠have started tapping Russian oil ⁠aboard vessels floating off the ...
By Chen Aizhu and Siyi Liu SINGAPORE, March 2 (Reuters) - Refiners in China, the world's top oil importer, have enough supply ...