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Audacious Ukrainian drone attacks keep doing massive damage to Russia's oil industry
Ukraine launched a new wave of drone attacks Wednesday on oil refineries in western Russia.
Tom Porter
RIL’s Q3 earnings to be led by consumer biz, refining margins likely to remain under pressure
Reliance Industries is expected to see a subdued third quarter, with a possible sequential fall in …
Ukraine says it will hit Russia's precious oil refineries even if the US tells it not to
Kyiv said that the refineries and other Russian energy infrastructure are legitimate targets, despi…
Chris Panella
India's vegetable oils import up 16% in 2022-23 oil year
India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…
PTI
Gasoline prices fall as weakening demand sends refining margins crashing
Gas prices were at $3.575 a gallon on Wednesday, according to AAA, down from $3.584 a day ago and $…
Aruni Soni
Consuming refined grains is as bad as a diet with unhealthy sugars, oils says new study
Higher intake of refined grain may increase the risk of premature coronary artery disease (PCAD), f…
Ukraine is defying the US over strikes on Russian oil refineries. Experts say it's a necessary risk.
Ukraine continues to target Russian oil facilities despite reported US objections, with one militar…
Mia Jankowicz
Half of Russia's sanctioned oil tankers are now standing idle
Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…
Filip De Mott
Indian refineries are completely refusing oil from a key Russian shipping giant
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …
Filip De Mott
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up fro…
Cameron Manley
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
Unlocking the Wonders of Coconut Oil: From Culinary Delight to Wellness elixir
Coconut oil, often referred to as the "miracle oil," has garnered immense popularity in recent year…
India Inc might see margin squeeze with a crude shock at hand
Since the start of September, Brent crude has risen from $85 per barrel to $92 a barrel approximate…
IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning
State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…
PTI
Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
The comments come as the West has stepped up criticism of China's dumping of cheap green products o…
Huileng Tan
Vedanta gets nod to raise up to Rs 3,400 crore via NCDs
Mining conglomerate Vedanta Ltd on Tuesday said a committee of directors formed by the company's bo…
PTI
China's independent oil refiners are buying Russian supplies on the cheap, report says
Russia will be increasingly looking to Asia to buy its oil, after the EU proposed a phased move to …
Harry Robertson
Reliance Industries to start FY23 with strong earnings, thanks to refining margins
Analysts at brokerage firms like YES Securities, Motilal Oswal, HDFC Securities and Equirus believe…
Fuel made from Russian oil is being funneled to New York by Indian refiners that are snapping up discounted crude
India is one of Russia's top oil customers, and the nation has been funneling record amounts of fue…