LONDON, Nov 3 (Reuters) - Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit ...

Saudi Arabia has shut down operations at the Ras Tanura oil refinery after it was struck by Iranian Shahed-136 drones. The ...

Gulf refining capacity is up by one-third since 2017 to ~10.5 mb/d, lifting gasoline output to ~2.4 mb/d and doubling exports to ~654 kb/d. The large increase in refining capacity has, however, ...

With shipping via Strait of Hormuz restricted, international oil prices are spiking. Industry experts see the move as part of ...

Dangote Petroleum Refinery & Petrochemicals yesterday laid bare the cost of its crude oil purchase, insisting that products ...

This article was written by Claudio Lubis. It appeared first on the Bloomberg Terminal. The capacity of the global oil refining sector contracted by 350,000 barrels per day in the second quarter of ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kazakhstan plans to build a new large refinery and boost existing refining ...

According to Dayanand Mittal of JM Financial, in case such events continue to drag on, the countries will first start to ...

S-Oil swung to an annual profit as it reported stronger-than-expected net profit for the final quarter of 2025, driven by solid refining margins. The Saudi Aramco-controlled South Korean refiner said ...

The rise in crude oil prices poses significant risks for India's economy and its oil marketing companies, particularly as OMC stocks decline amidst escalating Middle East tensions. A spike in Brent ...

IOC’s Q1FY26 Ebitda grew 46% year-on-year to ₹12,600 crore, driven by strong performance in the marketing segment thanks to lower oil prices, even as refining margins suffered. Indian Oil Corp. Ltd ...