Search
175 results for oil refining
Pakistan has taken a long-awaited step toward reshaping its downstream energy sector by approving the Brownfield Refining Policy, a move that is meant to modernise the country’s petroleum refineries after years of…
Poland's state-backed energy group Orlen is moving to diversify crude oil supplies as disruptions linked to Saudi oil flows push European refiners to look more widely across global markets. ## Orlen looks beyond Saudi…
Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…
Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…
Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…
With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil
ExxonMobil and Chevron reported combined second-quarter profits of $26.5 billion as conflict-driven oil prices lifted producer earnings and increased costs for motorists.
A new study finds that consumers who are paying a premium for foods advertised as made with avocado oil are probably not getting what they think they're
Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.
Yemen’s oil wealth could ease a severe economic squeeze if exports resume, yet persistent security risks still cloud the country’s path back to
Saudi Arabia’s move toward nuclear energy reflects a practical goal: reducing domestic oil use for electricity while preserving more crude for
Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…
H2: Crude edges higher as diplomatic hopes fade Oil prices inched up again on Tuesday, extending a run of modest gains as traders responded to weakening prospects for any settlement that could calm the wider Middle East…
Oil has climbed above $100 for the first time since May after a fifth straight day of gains, as reports of Red Sea attacks added fresh pressure to already tense
An oil stockpile warning is putting airlines, retailers and consumers back on inflation watch as higher fuel costs threaten to move from energy markets into ticket prices and delivery charges. The story is drawing…
KARACHI: The Pakistan Stock Exchange extended its recovery on Wednesday, with the benchmark KSE-100 index crossing the 180,000-point mark as investors responded to falling international oil prices and softer…
Asian markets rose as South Korea's chip-heavy Kospi jumped, while oil gains kept inflation and rate worries alive.
Saudi Arabia temporarily halted operations on its East-West oil pipeline after reported drone strikes against parts of the route, adding a new layer of concern to regional energy security at a time when shipping routes…
Crude prices are climbing again after Houthi claims of attacks on tankers in the Red Sea, raising fresh questions about fuel costs, inflation and global
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…
Yemen's Houthis say they have targeted oil facilities in Saudi Arabia owned by