Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

China’s fuel demand may peak sooner than expected, which will reduce profit margins and force the closure of older, smaller, ...

Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing its crude on a delivered basis as well to ...

According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...

As Russian discounts fall to below $5 per barrel, GRMs of India public sector OMCs have already declined by about 80% in FY25 ...

Ukraine claimed Saturday to have struck one of Russia’s largest oil refineries in a drone attack, starting a fire at the ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

Dangote Refinery has explained petrol price increase, citing 15% rise in international crude oil prices as the main cause.