Two oil refiners in China run by chemical conglomerate Sinochem Group Co. were declared bankrupt, highlighting the headwinds ...

Since the beginning of 2024, Western countries have spent US$2 billion purchasing Turkish oil products made from Russian oil.

Six oil refineries in Louisiana in the path of Hurricane Francine began recovering on Thursday from the storm's passage ...

ATHENS -- A fire broke out on Tuesday at the Motor Oil refineries complex near the city of Corinth, about 70 kilometers west ...

A closely watched spread that shows the price difference between Europe and Middle East crude has more than halved in the ...

As part of Nigeria’s fight against oil theft, the Nigerian National Petroleum Company Limited (NNPC) has disclosed that 134 illegal refineries were destroyed in seven days.

Studies for years have suggested larger gasoline inventories to avoid price spikes from shortages. A special legislative ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

In June, Ukrainian President Volodymyr Zelensky said that over 30 oil refineries, terminals, and oil depots "of the terrorist state have been hit." Sites in Kirov and the Atlas oil depot in the ...

Gavin Newsom wants lawmakers to tackle something big and complicated in that short period of time — requiring oil refineries in California to maintain minimum supply inventories to help prevent ...

"Hamas could care less about the hostages or the Palestinians, and if you want the hostages home... you have to increase the cost to Iran," Graham said.

Sen. Lindsey Graham, R-S.C., recommended that Israel threaten to "blow up" Iran's oil refineries if the remaining hostages taken by Hamas during the Oct. 7 terrorist attack are not released soon.