U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

US sanctions on Russian oil tankers threaten India's access to discounted crude, potentially raising import costs and ...

Refiners are awaiting clarity and preparing for U.S. President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. Trump said on Friday that he would lower threatened tariffs on ...

Canada warns US tariffs on Canadian oil could force America to rely on oil from Venezuela, a country the US avoids.

"Because if exported, it will be more expensive, then we import oil with lower specifications to be processed in our refineries," he said. According to him, the government also needs to consider the ...

Global nuclear energy production is set to reach a record high in 2025, driven by increased investment and growing demand.

Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the ...

China, the world's biggest crude importer, had excess crude oil of about 1.5mln bpd in December, down from 1.77mln bpd in ...

China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to remain at around 70% between 2026 and 2030.

In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk and Rostov — an area that had ...