Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured ...
China's fuel oil imports are expected to slow down after the government increased import tariffs, putting further pressure on the already strained margins of independent refiners.
According to the CBN, it paid out $1.25 billion to oil industry participants between January and September 2024 to import ...
European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, ...
At least seven people were injured, the authorities said. They said they believed it to be “an isolated incident,” but had ...