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UKRAINIAN ATTACKS ON REFINERIES
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
Russian strikes on Ukraine kill 13; Poland scrambles fighter jetsRussian air strikes killed thirteen people across Ukraine on Thursday. Attacks extended to Lviv, prompting Poland to scramble fighter jets....
America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soonBrent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el...
For Ukraine's drones, names are part of the battleSome intercept drones attack Ukrainian cities, while others strike oil refineries hundreds of kilometres away in Russia. "Liutyi", a deep-s...
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunchIndian refiners expect stable oil supplies despite renewed West Asia conflict. They believe US President Trump will open alternative routes...
Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
Ukraine downs 5 Russian ballistic missiles as Kyiv looks to harden its air defensesUkraine's air force intercepted five ballistic missiles during overnight Russian attacks. Other missiles and drones struck warehouses and a...
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
Ukraine and nine other countries announce a coalition to protect Europe from ballistic missilesTen European nations and Ukraine formed a coalition for ballistic missile defense. This initiative aims to protect Europe from growing miss...
Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...
Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
Russia's Saratov oil refinery at a halt since Wednesday's drone attack: Sources report to ReutersRussia's Saratov oil refinery stopped processing oil Wednesday after a drone attack. This incident follows similar Ukrainian strikes on Rus...
Ukrainian drones batter Russian oil facilities and set more oil tankers ablazeUkrainian drones struck Russian oil facilities, igniting fires and causing fuel shortages across regions. Two oil tankers in the Sea of Azo...
Russian President Vladimir Putin likely to escalate Ukraine war, despite Donald Trump peace push, sources sayKremlin sources indicate a high probability of conflict escalation in coming months. President Putin rejects peace talks, seeking full Donb...
Russia bans diesel exports to ensure domestic supply after targeted Ukrainian drone strikesRussia has banned diesel exports to support its domestic fuel market. This action follows Ukrainian drone attacks on oil refineries causing...