South Korean Oil Giants Indicted in $17 Billion Price-Fixing Scandal
South Korea’s major oil refiners are embroiled in a scandal as prosecutors have indicted them for fuel price…
California Oil Refiners’ Profit Margins Explode in April To $1.24 Per Gallon, says Consumer Watchdog
SACRAMENTO, Calif., June 17, 2026 /PRNewswire/ — California oil refiners reported gross profits margins of $1.24 per gallon…
Asian Refiners Pay Record Premiums for Non-Middle East Crude
Refiners in Asia are paying huge premiums for crude that could replace some of the supply stuck in…
US to allow more traders, refiners to access Venezuelan oil: Report
The US intends to permit trading firms, other than Vitol Group and Trafigura Group, to buy Venezuelan crude…
Japan should diversify oil sources but Canadian supply seen tough, industry association head says
TOKYO (Reuters) -Japanese oil refiners should consider diversifying supply sources as 95% of its crude imports come from…
China Joins Big Oil in Opposition to Trump’s Biofuel Proposal
(Bloomberg) — US oil refiners have found an unlikely ally in their opposition to President Donald Trump’s proposed…
Halting Russian crude could cost India billions, warn Analysts
An SBI Research report from August 8 said if India stopped oil imports from Russia during the rest…
Gulf Refiners Are Balking at Watery Mexican Oil in Blow to Pemex
(Bloomberg) — US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to…
Factbox-US imports of Canadian and Mexican crude oil by company
NEW YORK (Reuters) – Many U.S. oil refiners rely heavily on imported crude because their facilities are configured…