Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

The Ryazan Oil Refinery in Russia has suspended operations due to damage from Ukrainian drone attacks, Reuters reported on ...

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

Despite the latest round of sanctions by the US Treasury, Russia has managed to keep its four-week rolling average oil ...

Videos showed fireballs over a facility in Ryazan, 110 miles southeast of Moscow. Kyiv is seeking to disrupt Russian military ...

Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and ...

Ryazan oil refinery processed 13.1 million metric tons (262,000 barrels per day), or almost 5% of Russia's total refining throughput in 2024. It produced 2.2 million tons of gasoline, 3.4 million tons ...

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...

Ukraine has hit one of Russia’s biggest oil refineries in a drone strike overnight, Russian media reports have said. Large ...

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday.