Many Gulf Coast refiners have a stake in the future of Venezuelan oil exports, as they've spent billions to process the country's heavier crude. All the very serious geopolitical implications aside, ...

California drivers — who already pay some of the highest gas prices in the country — could see prices spike 40 percent next year as two refineries in the state close. Refiners are walking away in the ...

Finland’s Neste Oyj is scaling back some of its climate targets and doesn’t expect to stop using crude at its only oil refinery by 2035 as previously guided. Neste had pledged a “very ambitious” ...

India has imported its first-ever cargo of Argentinian Medanito crude as refiners seek alternatives to sanctioned oil from Russia. The Offen Group-controlled 105,000-dwt aframax Sigma Triumph (built ...

Major Asian refiners have locked in term deals for diesel exports in 2026 at higher premiums to benchmark Singapore prices than this year, several trade sources said, supported by firmer prices in ...

The majority of India’s biggest refiners are buying Russian oil from non-sanctioned sellers and traders as widening discounts of Russia’s crudes to benchmarks are tempting the price-sensitive Indian ...