Crude oil
Russia's Novokuibyshevsk oil refinery halts operations after drone attacks
That was the first time a major Russian refinery had been attacked by a drone since March 2025.
India's IOC buys 7 MMbbl of U.S., Middle East crude after Russian oil pause
IOC's large spot crude purchase comes after the arbitrage window for U.S. crude to Asia opened and as Indian state refiners paused buying of Russian crude oil on narrowing discounts.
HF Sinclair (U.S.) beats profit estimates as refining margins soar
Top U.S. refiners are posting improved results in 2Q, rebounding from 1Q losses as stronger-than-expected diesel margins lift earnings.
Pakistan to buy first-ever U.S. oil cargo in Cnergyico deal with Vitol
The West Texas Intermediate light crude cargo will be loaded from Houston this month and is expected to arrive in Karachi in the second half of October.
Canada's Cenovus says U.S. refinery outlook improving, cuts 2025 production forecast
The Calgary, Alberta-based company has struggled recently with underperformance from its U.S. refineries.
Indian state refiners pause Russian oil purchases
India, the world's third-largest oil importer, is the biggest buyer of seaborne Russian crude, a vital revenue earner for Russia as it wages war in Ukraine for a fourth year.
China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery
China's Shandong Yulong Petrochemical plans to invest $117.86 billion yuan ($16.42 billion) to produce chemicals at its refinery complex in Yantai, according to a government notice detailing the provisional plan.
Supertanker delivers oil to sanctioned Nayara Energy's Vadinar refinery
Supertanker Kalliopi was in the process of discharging Iraqi oil for India's Nayara Energy on Wednesday, the first delivery of crude for the refiner since it was sanctioned by the European Union.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
Mexico exports 39% less crude oil in June, refining and fuel production increase significantly
In May, Pemex's international trading arm, PMI, forecast that the company would export less this year because more would be sent to local refineries, including to its new Olmeca refinery in the port of Dos Bocas.
- Petrobras signs on with Baker Hughes for sweeping gas turbines service agreement 3/18
- TwinThread launches Perfect Batch, an AI-powered analytics solution to optimize batch production 3/18
- bp to block union workers from Whiting refinery 3/18
- Analysis: Licocene Terra, using renewable carbon in hot melt polymers for adhesive formulations 3/18
- Ionautics finds breakthrough in iridium-based porous catalyst layer technology for green hydrogen production 3/18
- Universal Fuel Technologies demonstrates fully drop-in synthetic aviation fuel using HEFA byproducts 3/18
