Fuel import prices were notably higher by 1.5% on month as global oil prices increased amid tensions in the Middle East. Prices of other imported goods also rose, albeit less strongly.
The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...
The Zacks Oil and Gas - Exploration and Production - Canadian industry faces mixed dynamics. Weaker Chinese consumption, a critical factor in global oil pricing, has prompted OPEC+ production cuts. If ...
Oil prices are set to end the week lower than they started as expectations of weaker global economic growth fuel expectations ...
At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.
The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...
Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.
Being a low-lying delta, we are highly susceptible to sea-level rise, which is causing coastal erosion, displacement of ...
A volatile rand and weak demand for oil are lining South African motorists up for a chaotic drive to the finish for fuel ...
California's air board approves controversial changes to key climate program, potentially raising gas prices amid ...
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...