California's refinery closures near Los Angeles and San Francisco are occurring just as the Iran war limits global supplies.
The closure of the Strait of Hormuz has squeezed global oil supply, putting pressure on California's jet fuel reserves.
Marine fuel providers face tighter supply of higher-density, low-sulphur crude oil, known as heavy sweet, for blending ...
The country’s oil industry faces limitations as it attempts to make up for the loss of crude, caused by the war in Iran. Meanwhile, rising inflation and gas prices are fueling public discontent ...
The waiver issued in March has already been used by ships transporting an array of goods — including renewable diesel, crude oil, ammonia, ethanol and gasoline.
Most oil market observers look to frequently quoted futures markets to represent the price of oil. But in the current supply ...
Aviation faces crisis as fuel shortages trigger cancellations while skyrocketing ticket prices threaten the industry future ...
As the second round of peace between Iran and the US delayed, the price of Brent Crude and other oils have surged. A barrel ...
The headline is pushing the market to reprice real supply risk: Strait of Hormuz restrictions plus Iran seizing ships means ...
The corporation further clarified that prices of refined petroleum products are inherently higher than those of crude oil, ...
April–May refinery runs in Asia are set to fall sharply (to ~28.5–28.6 mbpd) while crude arriving is lighter, cutting ...
Petrol price today: Petrol prices held steady across major Indian cities on April 22, 2026, despite global oil market ...
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