Crude oil cannot be used directly and must go through refining. At refineries, it is separated into petrol, diesel, kerosene ...

WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...

U.S. refineries can process shale oil, but economics—not capability—drive imports and exports. Here’s why the system works ...

Benchmark Brent oil ​prices jumped above $119 a barrel on Thursday, March 19 after Iran attacked energy facilities across ...

Oil India Limited has achieved a record 1,202 barrels per day of heavy crude oil production from Jaisalmer's Thar Desert, a ...

The state-run company has increased production by around 70 per cent compared to last year's 705 barrels per day, marking a ...

Why are U.S. gas prices rising despite not needing oil that passes through the Strait of Hormuz? It turns out there are ...

Oil India hits record crude output in Rajasthan’s Thar desert, pushing domestic production and strengthening India’s energy ...