Chinese authorities have ordered private refiners to maintain high levels of gasoline and diesel supply, even at a loss, or risk their crude import quotas slashed if they reduce run rates, anonymous ...

Indian refiners are increasingly settling purchases of Russian oil in alternative currencies, according to people familiar with the matter, as they seek to reduce reliance on the dollar amid rising ...

Indian refiners have reportedly bought about 60 million barrels of Russian oil for delivery next month, easing supply concerns as the Middle East war chokes flows. The cargoes were booked at premiums ...

Refiners in Asia are paying huge premiums for crude that could replace some of the supply stuck in the Middle East, with the most suitable grades from Norway and the U.S. being bid at record-high ...

Oil refineries are paying increasingly huge premiums to snap up particular types of crude they need to replace missing cargoes from the Middle East, in a sign of how the Iran war is causing ...

March 18 (Asia Today) --South Korea's four major oil refiners are ramping up production and delaying maintenance to stabilize domestic fuel supply amid rising global energy risks, industry officials ...

SINGAPORE, March 27 (Reuters) - Asian refiners are beginning to switch to pricing U.S. crude oil purchases against global benchmark ICE Brent instead of Dubai after the Middle East ‌marker spiked to ...

Follow our live coverage here. SEOUL – South Korea will introduce a policy allowing oil refiners to swap crude supply from its national reserve, a spokesperson from the industry ministry said on March ...

The Trump administration has approved arms sales valued at around $23 billion to the United Arab Emirates, Kuwait and Jordan, according to a Wall Street Journal report. The U.S. would provide ...

SINGAPORE, April 2 (Reuters) - China's state planner has told independent refiners not to cut run rates below their average levels of the past two years, ‌several sources familiar with the matter said ...

Proposed changes to California’s Cap-and-Invest Program have prompted complaints from oil refiners in the state, rattled more than a few Democrats in the Legislature, and spurred environmental groups ...

WASHINGTON, March 27 (Reuters) - The Trump administration ordered U.S. ⁠refiners ⁠on Friday to blend a record amount of ⁠biofuels into their gasoline and diesel this year and next, a move intended to ...