US Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...

At least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...

India's soyoil imports are expected to reach a record 620,000 metric tons in August, about 46% above the current marketing year's monthly a...

Asian refiners are buying higher quantities of US crude amid Strait of Hormuz shipping concerns. South Korea's GS Caltex secured two millio...

India will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...

European Union's indecision on banning Russian nuclear fuel creates investment uncertainty. This delay impacts Europe's uranium enrichment ...

European diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...

Ukrainian drones struck a major Russian oil refinery and a naval base. Russia retaliated with missile and drone attacks across Ukraine. The...

US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...

Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...

Russia has imported petrol from India for the first time as Ukrainian attacks on its refineries deepen domestic fuel shortages. Kpler data ...

US official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism r...

India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...

Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...

A US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...

India's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...