The Iran-U.S. war has likely triggered the conditions for a full refiner earnings supercycle. After Wednesday’s International ...
By Nidhi Verma NEW DELHI, March 19 (Reuters) - India, the world's third biggest oil importer and consumer, has been hit hard ...
A more upbeat outlook for the oil market could lead to upside for Valero Energy shares, according to Goldman Sachs. The firm upgraded the refiner to buy from neutral and hiked its price target to $154 ...
When crude prices surge on geopolitical shock, refiners do not all respond equally. The death of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28, 2026, per NPR reporting, sent immediate ...
Japan’s petroleum refiner Idemitsu Kosan has committed $500 million to LNG investment company MidOcean Energy as part of MidOcean’s equity raise of $1.2 billion, as the Japanese refining giant is ...
(Reuters) -Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy turnaround activities across the U.S. refining sector. U.S.
By Trixie Yap and Chen Aizhu SINGAPORE, March 13 (Reuters) - China's Sinopec, the world's biggest refiner by capacity, aims ...
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NEW DELHI (Reuters) -Russia-backed Indian refiner Nayara Energy Monday said it has started legal proceedings against Microsoft following the abrupt and unilateral suspension of critical services by ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Indian state-owned refiner Chennai Petroleum Corporation Limited is holding ...