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US REFINERS
Ukraine's drones hit a major Russian refinery 800 miles from the border, sparking a fireUkrainian drones struck a major Russian oil refinery and a naval base. Russia retaliated with missile and drone attacks across Ukraine. The...- India may have found the key to unlock its $5 trillion sleeping fortuneIndia plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
- PM Modi, Trump will work out Russian oil-related 100 per cent tariff issue, says US officialUS official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism r...
- Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
- Oil steadies near one-week highs as US-Iran peace deal hopes dimOil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...
- India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
- Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
- India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumesIndia's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...
- Trump administration to back three mineral projects with $58 million in financingThe US Export-Import Bank is lending fifty-eight million dollars to three critical mineral companies. This funding aims to reduce reliance ...
- India’s metal exports ride global electrification waveIndia's exports of key metal intermediates are experiencing a significant surge. Aluminium alloy exports climbed twenty-four percent, reach...
- Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...
- US is set to import most Middle East crude since Iran war beganUS crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...
- In 1909, a Black American entrepreneur invented a chemical solution accidentally, which could be used for straightening hair safely well ahead of time while experimenting with liquids to solve a common problem with sewing machinesIn 1909, a Black American entrepreneur, Garrett Morgan, was experimenting with a liquid to reduce friction from sewing machine needles when...
- US crude inventories rise as refinery runs ease and imports climb, EIA saysUnited States crude oil stocks increased by 2.5 million barrels last week. Refinery processing eased slightly, and crude imports saw a mode...
- India's fuel exports hit 1-year high in July on strong diesel marginsIndia'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...
- 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...
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