News

Petrol and Diesel Prices on July 5, 2025: Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange ...
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts ...
Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and ...
Canada's federal government has not been presented with any private sector proposal to build a new crude pipeline to the ...
Britain's insolvent Lindsey oil refinery faces shutdown within three weeks with the current 1.8 million barrels of crude it has in storage, consultancy Wood Mackenzie told Reuters on Friday.
Wildfires and maintenance shutdowns slashed Alberta’s oil production to a two-year low in May, tightening heavy crude ...
Oil prices extended losses with both benchmarks down, as fundamentals point to excess supply in the month ahead.
American refiners are relying more heavily than ever on domestic shale oil, consuming the lightest blend of crude on record, Bloomberg writes.  With supplies of heavier crude from Mexico declining and ...
Gas prices are hovering near their lowest summer level in four years as millions of people ready themselves to hit the roads ...
When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in ...
Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.
Plains All American Pipeline agreed to sell its Canadian NGL business last month. Shares of Plains All American Pipeline ...