The Singapore GRM in the first half of FY25 has averaged only $3.6 per barrel, reflecting the effects of a subdued oil demand ...
The global oil refining industry has undergone significant shifts over the past few years, driven by geopolitical tensions, ...
We recently published a list of 8 Best Oil Refinery Stocks To Invest In. In this article, we are going to take a look at ...
London stocks concluded the week on a somber note as investors showed disappointment after China's lack of specific economic ...
British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins, amid stalling global crude demand.
Russia's largest refinery, Omsk, has increased its crude processing despite challenges from Ukrainian drone attacks and ...
BP shares down in premarket after disclosing updated Q3 guidance, with oil production stable but weaker refining margins.
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
BP expects lower profits in Q3 due to weak refining margins, a weak oil trading result, and higher exploration write-offs.
Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...
BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...