U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...

Indian oil marketing companies face stock declines as crude prices exceed $100 per barrel amid ongoing geopolitical tensions.

Sinopec has cut refinery run rates sharply as disruption in the Strait of Hormuz tightens crude supply across Asia.

Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual ...

The U.S. is a net exporter of "crude oil and petroleum products," but in the narrower measure of crude oil by itself — which is the most important factor in determining gasoline prices — the U.S. is a ...

China holds an estimated 1.2–1.3 billion barrels of crude in strategic and commercial reserves, enough to cover roughly four ...

Global oil prices have surged past $100 per barrel due to escalating Middle East tensions, particularly concerning the Strait of Hormuz. This volatility directly impacts fuel costs for UAE residents, ...

All oil processing and refining needs at Lukoil Neftochim Burgas are covered until the end of March, and a delivery schedule for April has been ...

According to the report, Asia imports 65% of its crude oil from the Middle East, the highest dependency globally, with Saudi Arabia, Iraq, and the United Arab Emirates serving as the top three ...

As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...

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