The assessment was made based on the opinions of three oil executives, more than 10 traders, as well as managers of ...

Ukrainians have carried out another successful attack on Russian fuel infrastructure. On Tuesday morning, drones targeted a ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

The oil market is trading with marginal declines this morning as the API numbers released overnight were largely bearish for ...

The oil market traded under pressure after rising for three consecutive sessions as the latest inventory numbers from the ...

Ukrainian forces are increasingly turning to modified light aircraft to strike targets deep inside Russian territory ...

Ukraine has ramped up long-range drone strikes into Russia, targeting oil facilities that fuel warplanes, ships and military vehicles as well as oil refineries that help power the economy. An increase ...

Russia may be forced to reduce its oil production in the coming months as U.S. sanctions restrict access to tankers needed ...

State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20% to meet growing local fuel demand, its chairman Rajneesh Narang said.

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned ...