Sources said that the oil industry estimated that refineries were going to suffer a loss of Rs18 billion in the current ...

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to ...

As oil prices slipped below $65 a barrel (bbl), pressure has started to build on the government for a cut in retail prices of ...

Oil marketing companies in India are expected to see reduced losses on domestic LPG cylinder sales. Recent price hikes and ...

Sales of oil products at service stations in Cyprus saw a 2.5 per cent increase in February, reaching 57,326 tonnes, compared ...

Trucks and workers started a cleanup effort at the site of a spill of the Keystone oil pipeline in rural North Dakota ...

The federal government on Friday reduced the price of petrol by Re1 per litre for the next fortnight while the price of ...

The UK government is investigating a fast-growing "green fuel" called HVO diesel amid claims of significant fraud, the BBC ...

Oil marketing companies are expected to reduce losses from LPG sales due to recent price hikes and falling international fuel prices. A report predicts a significant reduction in under-recoveries, ...

Likewise, the sources said the kerosene and light diesel oil could be slashed by Rs10 and Rs7 per litre, respectively. However, the final price will be determined based on the fluctuations in the ...

Dubbed ‘Liberation Day’ by the US president, all nations were included in the sweeping measures – with the UK hit by a 10 per ...