India’s state-run oil marketers are reportedly exploring an RTP discount or freeze to curb mounting losses from stagnant ...
Refiners are beginning to balk at eye-watering premiums on available oil barrels, threatening to slow down the flow of the ...
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 ...
By Nidhi Verma NEW DELHI, March 6 (Reuters) - Indian refiners are seeking a legal opinion on how they can purchase sanctioned ...
S. Korea's refining and petrochemical industries are considering cutting production as crude oil supply disruptions tied to ...
Thailand's oil refiners have sought to allay public concerns by confirming that the country's oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial ...
The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
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 ...
Diesel and jet fuel prices have risen sharply as disruptions tied to the escalating Iran conflict ripple through global fuel markets.
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 ...
March 9 (Reuters) - Indian refiners slumped on Monday as a widening U.S.-Israeli war with Iran pushed Brent crude to a nearly ...