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.

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 closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...

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 ...

The IEA’s forecast comes after the OPEC cut its annual demand outlook earlier this week.

TEXAS (KAUZ) - According to AAA Texas, the statewide gas price average in Texas is $2.69 per gallon for regular unleaded fuel ...

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...