Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.
The ICE U.S. Dollar Index DXY, a measure of the currency against a basket of six major rivals, is on track for a 1.5% weekly rise and traded at its highest in a year. A rising dollar can be a negative ...
Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.
China's refinery run rates fell for the seventh straight month, raising concerns about oil demand and contributing to ...
China's refinery throughput in October fell 4.6% from last year, down from year earlier for a seventh month, as plant ...
Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead ...
With an aim to enhance Bangladesh's oil refining capacity, the interim government is actively seeking a foreign partner for establishing a second unit of Eastern Refinery Limited (ERL), the country's ...
Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...
Petrobras and partners let a contract to Topsoe to deliver technology for a commercial-scale renewable fuels production plant ...
A joint committee from three institutions under the Ministry of Petroleum is investigating a fire and explosion at an Indian ...
Baker Hughes and SOCAR signed a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil ...