Wars in Iran and Ukraine have damaged refineries and disrupted tanker traffic, helping drive diesel prices to record highs in many markets and turning the fuel into a major political and economic ...

Jet fuel costs running about 50% above pre-war levels Costs likely to stay elevated for 12 to 18 months, O'Leary says O'Leary says he expects airlines to raise fares in coming months Spohr: robust ...

TwinThread—a global leader in Industrial AI—has released Anomaly Action Center, an AI-powered solution designed to help operational teams prioritize and resolve critical anomalies across their ...

Venezuela's 310,000-barrel-per-day Cardon refinery was restarting its crude distillation units on Wednesday following a fire that forced its shutdown earlier this week, two workers said (LEARN MORE).

His comment followed a report by the Guardian newspaper saying that port records and ship-tracking data showed that fuel had been loaded at South Korean ports onto seven tankers, including vessels ...

When combining Hormuz volumes with shipments through alternative routes, including Saudi Arabia's Red Sea terminals and the UAE's Fujairah export hub, Middle East crude exports exceeded the pre-war ...

US crude stocks fell last week as refining activity and exports rose, while fuel inventories were mixed, the Energy Information Administration said on Wednesday. Crude inventories fell by 3.2 million ...