The proposed move would prevent refiners from fully passing on higher crude costs through RTP, forcing them to absorb part of ...

State-owned oil marketing companies are considering paying refineries less than import-parity rates for petrol and diesel to curb mounting losses from a retail price freeze. This move could ...

With no immediate end to the conflict in sight, OMCs are exploring ways to limit losses on fuel sales, two sources aware of the matter said ...

India, March 16 -- The visual, or the part-graphic, with this article may not make sense to most people. It may not gel with any reader. With the current global crude oil prices hovering around $100 a ...

A controversial proposed update to one of California's major clean air policies is facing intense pushback from the oil industry, environmental groups, the governor of Nevada and some state lawmakers.

Iran has retaliated against the U.S.-Israeli attacks on it by firing drones and missiles at ships in the Strait of Hormuz, ...

The world this week saw West Asia tensions escalating amid the US-Israel war, the appointment of Iran's new Supreme Leader Mojtaba Khamenei on March 8, Sweden becoming the 32nd member of NATO, and ...

Australia’s vulnerability to liquid fuel shortages and price hikes has intensified amid reports China has told oil refiners ...

Israel conflict, now in its 15th day, disrupts the region and oil supplies. Explosions in Tehran reported. Over 1,300 dead, including Khamenei.

Fuel bosses have urged Ed Miliband to back British oil to shore up domestic energy security in the wake of the Iran crisis. The leading fuel industry trade body is lobbying the Government to “level ...

Why did Trump order an attack on Kharg Island? The depot is the beating heart of the Iranian oil industry, storing and ...

By Katya Golubkova and Yuka Obayashi TOKYO, March 15 (Reuters) - Japan plans to start releasing oil from its stockpiles on ...