A Lukoil oil refinery in the Russian oblast of Nizhny Novgorod was struck by multiple Ukrainian drones in the early hours of ...

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

Vladimir Putin has refused to directly engage with his Ukrainian counterpart Volodymyr Zelensky, calling him “illegitimate”.

Refining runs rose to 754,800 tonnes per day during the period, up 1.2% from the average for January 2024. Despite the ...

The company noted that the discounts on Russian crude have now declined to $1-1.5 per barrel against the benchmark prices ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump's ...

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...