A Lukoil oil refinery in the Russian oblast of Nizhny Novgorod was struck by multiple Ukrainian drones in the early hours of ...

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

Vladimir Putin has refused to directly engage with his Ukrainian counterpart Volodymyr Zelensky, calling him “illegitimate”.

Refining runs rose to 754,800 tonnes per day during the period, up 1.2% from the average for January 2024. Despite the ...

The company noted that the discounts on Russian crude have now declined to $1-1.5 per barrel against the benchmark prices ...

"The railway loading equipment has been damaged. There have been no railways loadings, they stopped oil processing," an industry source said.

Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed ...

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...

Ryazan oil refinery processed 13.1 million metric tons (262,000 barrels per day), or almost 5% of Russia's total refining throughput in 2024. It produced 2.2 million tons of gasoline, 3.4 million tons ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday.

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...