Oil isn’t just another financial market. It’s a physical commodity with its own idiosyncrasies, driven by the intricate dance ...

The Backbone of Modern Industry. crude oil is a naturally occurring fossil fuel that has been the cornerstone of modern ...

Both crude units at BP's Rotterdam oil refinery are offline following a shutdown at one 200,000 barrels per day (bpd) unit in ...

The Dangote Refinery has imported about five million barrels of crude oil in May 2025 as it prepares to hit full production ...

U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, ...

PetroChina will permanently shut the last crude unit at its Dalian refinery on June 30, concluding a phased closure driven by ...

ADNOC will reduce Murban crude exports from August 2025 through May 2026 to increase domestic refining at Ruwais, boosting ...

India’s imports of Russian crude oil rose to 1.96 million barrels per day in May 2025, driven by significant price discounts ...

The Centre has slashed the basic customs duty on crude palm, soyabean, and sunflower oil from 20% to 10% to reduce cooking ...

India cuts import duty on crude palm, soybean & sunflower oils to 10% to curb refined oil imports and boost domestic ...

MIT researchers have developed a new membrane that separates various types of fuel by molecular size, potentially eliminating ...

To tame inflation in oils and fats, India has lowered the basic import tax on crude and refined edible oils by 10 percentage ...