Australia's proposal to build its first oil refinery in 60 years faces a crude supply ​issue, uncertain long-term fuel demand ...

China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand for gasoline and diesel. In the post-pandemic ...

The government’s oil price cap policy has caused losses exceeding 3 trillion Korean won for the domestic oil refining industry, according to industry estimates. While the government allocated ...