The 6 Division, Nigerian Army, says its operatives have neutralised two armed vandals involved in illegal oil bunkering ...

But next year could be a different story. Two long-delayed refineries outside the U.S. are set to ramp up production, pumping out about 1 million more barrels a day of fuel. Large new refineries in ...

The autumn maintenance of US refiners will be the lowest since 2021, presenting a huge problem for already depressed product ...

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The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and ...

Oil refiners across Asia, Europe, and the United States have seen their profitability drop to multi-year-lows. This is a ...

Bank of America analysts on Sept. 13 said they expected global refining margins to continue their slump, after sliding 25% ...

Vietnam's Binh Son Refining and Petrochemical has purchased its first cargo of Murban crude oil produced in the United Arab ...

Crude oil futures rose after Federal Reserve's 50-basis point rate cut and fresh escalations between Israel and enemies ...

Commercial crude oil stockpiles excluding the Strategic Petroleum Reserve fell by 1.6 million barrels to 417.5 million barrels in the week ended Sept. 13 and were about 4% below the five-year average ...