Sanctions on Russian tankers impact India's crude oil supply, but refiners expect minimal disruption from Urals grade.

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that ...

The government will allocate up to 13 million barrels of crude oil, originally intended for export, to supply local ...

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

Wall Street is bracing for a sharp decline in U.S. oil refiners' fourth-quarter profits as fuel demand softened, while ...

Indonesia’s current oil production stands at approximately 600,000 bpd, while the country imports 1 million bpd to meet ...

U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to ...

Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas ...

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Tuesday, American Refining Group and Ergon Oil Purchasing increased their price by $0.60 ...

Oil reserves in storage facilities around the world are at a record low, and production of raw materials in non-OPEC+ countries will be limited in growth. Therefore, the keys to the market will again ...

In 2024, 128 major maritime construction projects broke ground in 2024, costing a combined total of roughly $52.63bn. Of ...

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...