Commercial crude oil stocks fell by 3.5 million barrels and were about 4% below the five-year average for the time of year, ...

A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the ...

Crude oil prices jumped to four-month highs above $65 per barrel last week, driven by geopolitical tensions between the U.S. and Iran as well as significant production disruptions caused by severe ...

March WTI crude oil (CLH26) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26) closed up +0.0673 (+3.55%) ...

Canada and Alberta are now aligned on expanding oil export capacity, backing a new pipeline to the West Coast to ship up to 1 ...

WTI crude oil rallies above $62.20 resistance, targeting previous tops at $64.75 and $66.49 with bullish momentum intact.

Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.

Indian Oil Corporation is ready to process Venezuelan crude if supplies resume, recalling past imports. The company's robust refineries can handle the oil, according to its chairman. This comes amid ...

Refining converts mixed crude oil into specification fuels, petrochemical feedstocks, lubricants, and other products by physical separation, chemical conversion, and product treating/blending. It ...

By Marianna Parraga Feb 2 (Reuters) - Venezuelan oil exports rose to some 800,000 barrels per day (bpd) in January, from ...

Indian Oil, refining margins, crude oil prices, India fuel demand, Russian crude, oil refining, IOC earnings, oil profits, ...

Refining margins surged on low prices of crude oil, the raw material IOC uses to make fuels like petrol and diesel. Fuel sales also rose 5 per cent in the quarter.