Crude oil

Chinese refiners sweep up Russian oil after Indian demand falls

Chinese refineries have purchased 15 cargoes of Russian oil for October and November delivery as Indian demand for Moscow's exports falls away, two analysts and one trader said.

Indonesia plans quick-to-build oil refineries for U.S. crude

Indonesia plans to build a network of small modular refineries to process U.S. and domestic oil, aiming to reduce gasoline imports, but analysts warn the switch in strategy from large-scale refining facilities could prove uneconomical.

SNF to acquire Obsidian Chemical Solutions

This acquisition will allow SNF to service its customers more quickly and efficiently with a broader portfolio.

China still storing crude oil even as refinery runs rise

Despite the decline in surplus oil, the key point is that refiners are still likely adding to stockpiles, which will allow them to trim imports should prices rise to levels they believe are not justified by market fundamentals.

Lukoil's Volgograd refinery halts oil processing after drone attacks

Oil processing at the Volgograd refinery has been halted at least until the middle of September.

Russian energy facilities targeted recently in drone attacks

Here is a summary of attacks in recent weeks on key energy sites in Russia, one of the world's biggest energy producers.

Sanctions-hit Indian refiner Nayara in talks with govt to sustain operations

Russia-backed Indian refiner Nayara Energy is talking to government authorities and partners to maintain operational stability of its 400,000-bpd refinery and fuel supplies despite EU sanctions hurting the supply chain.

The API challenges Trump plan to cut biofuel import credits

The mounting criticism puts the White House in the position of having to side with either farmers looking to prioritize domestic supply, or refiners seeking cheaper feedstock.

A refresher on Russia's commodities clout ahead of Trump-Putin talks

Prior to its invasion of Ukraine in 2022, Russia was a leading exporter of crude oil, natural gas, coal, aluminum, nickel, steel, wheat and fertilizers - among other commodities - and the top supplier of energy products to Europe.

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