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.
When crude prices surge on geopolitical shock, refiners do not all respond equally. The death of Iranian Supreme Leader ...
The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
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 ...
March 9 (Reuters) - Shares of Indian refiners slumped on Monday, as the widening U.S.-Israeli war with Iran propelled Brent ...
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, ...
NEW DELHI, March 5 (Reuters) - Refiners in India have started tapping Russian oil aboard vessels floating off the ...
By Jarrett Renshaw ORLANDO, Florida, Feb 26 (Reuters) - The Trump administration has settled on a plan that would require big oil refineries to make up for at least half of the biofuel blending ...
By Chen Aizhu and Siyi Liu SINGAPORE, March 2 (Reuters) - Refiners in China, the world's top oil importer, have enough supply ...
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