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 ...

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.

New Delhi | State-owned oil marketing companies are considering paying refineries a price lower than the imported rates of petrol and diesel to limit mounting losses from a retail fuel price freeze, a ...

The Petroleum Refining Industry Club under the FTI says Thailand’s fuel supply remains secure despite global price volatility ...

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...

Oil futures touched $100 per barrel this week as Iran’s new Supreme Leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed, the waterway through which a fifth of the world’s oil and ...

Three years ago, California built a first-in-the-nation system aimed at protecting drivers when oil markets turn calamitous.

The Department of Energy Business says the recent rise in refinery margins is a normal market mechanism after talks with refiners, adding that it does not directly affect pump prices.

South Korea will allow its refiners to export only the same volumes of gasoline, diesel and heating kerosene as they did for the same months in 2025, after imposing domestic price caps on various ...

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 ​in Iran forecast to push pump prices in the state to $10 a gallon ...

The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy ...