The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.

Refiners are beginning to balk at eye-watering premiums on available oil barrels, threatening to slow down the flow of the ...

Diesel and jet fuel prices have risen sharply as disruptions tied to the escalating Iran conflict ripple through global fuel markets.

By Arathy Somasekhar and Nicole Jao HOUSTON, March 13 (Reuters) - Fuel costs in California are soaring even more than in the rest of the U.S. due to several unique factors, with fallout from the war ...

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 ...

S. Korea's refining and petrochemical industries are considering cutting production as crude oil supply disruptions tied to ...

When crude prices surge on geopolitical shock, refiners do not all respond equally. The death of Iranian Supreme Leader ...

NEW DELHI, March 5 (Reuters) - Refiners in ⁠India ⁠have started tapping Russian oil ⁠aboard vessels floating off the ...

LONDON (Reuters) -Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, ...

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.

Indian refiners are moving quickly to buy Russian oil, with million of barrels floating in Asian waters offering a quick fix ...

Beijing’s precautionary curbs follow regional trends prioritising domestic needs amid escalating Middle East tensions.