The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...
Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.
The ICE U.S. Dollar Index DXY, a measure of the currency against a basket of six major rivals, is on track for a 1.5% weekly rise and traded at its highest in a year. A rising dollar can be a negative ...
China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
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 U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short ...
Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...
A new bill aims to amend India's oil and gas law, enhancing policy stability and promoting ease of business. Introduced in ...
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.
As oil prices remain volatile around thelatest OPEC+ moves and ongoing demand concerns, all eyes are on the energy sector, ...