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DRONE ATTACKS ON REFINERIES
Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- Kyiv hits Rosneft refinery, Engels air base in RussiaThe renewed attacks threaten to disrupt Russia's fuel supplies just as several regions had begun easing restrictions on gasoline and diesel...
- 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...
- Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...
- 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...
- Cutting off Red Sea oil route may be one crisis too manyThe Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
- 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...
- Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
- 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...
- 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...
- US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...
- 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...
- 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...
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