The NYMEX January RBOB contract was up by 0.6ct to $1.9875/gal and the December contract was also 0.6ct higher at $1.9585/gal. The January ULSD contract was off by 0.25ct to $2.2195/gal and the ...

At least three Russian oil refineries have been forced to halt or scale back production due to significant losses and now ...

Modi will visit Nigeria on November 16-17. He will then head to Brazil for the annual G20 Leaders Summit for two days, ...

At least three Russian oil refineries could face closures next year as declining exports, high crude oil costs and soaring ...

Several Russian refineries have been forced to reduce operations or shut down completely due to the impact of sanctions, ...

China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery ...

The NNPCL has clarified that it has not stopped fuel importation, despite reports suggesting that the company had ended fuel ...

Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

China's refinery run rates fell for the seventh straight month, raising concerns about oil demand and contributing to ...

With an aim to enhance Bangladesh's oil refining capacity, the interim government is actively seeking a foreign partner for establishing a second unit of Eastern Refinery Limited (ERL), the country's ...

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Thursday, American Refining Group and Ergon Oil Purchasing increased their price by $0.27 to $64.70.