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Geopolitics Override Fundamentals as Oil Extends 2026 Rally
23 Jan 2026 17:38 GMT
… refiner, Reliance Industries (NSE:RELIANCE) will resume importing ‘sanctions-compliant’ Russian oil … Refinery to Benefit from Cheap Oil. Discounted Russian oil … shuttered Dalian Petrochemical refinery in northeast China, … imports of gasoline and jet fuel by the …
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Venezuela’s Oil: Evolution, Scenarios And International Repercussions – Analysis
23 Jan 2026 18:09 GMT
… preferred destination for Venezuelan oil exports. US refineries in the Gulf of … blackouts and acute fuel shortages despite supplies of Venezuelan oil at very … Venezuelan refineries, petrol and diluents; in exchange, it received heavy crude oil and …
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Different pump prices of petrol emerge as imports widen gap between marketers
23 Jan 2026 17:16 GMT
… ), Ibrahim Shehu Yahaya, said petrol prices are based on marketers … .
Source: Getty ImagesThe Crude Oil Refiners Association of Nigeria (CORAN) said … to report any MRS Oil Nigeria Plc filling stations … not pay more when locally refined fuel is available at a …
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Why Oil Markets Fell Back on Fundamentals Despite Rising Geopolitical Noise
23 Jan 2026 17:39 GMT
… Late Thursday, Light Crude Oil Futures are trading $59. … Late Thursday, Light Crude Oil Futures are trading $59. … oversupplied.
Gasoline Glut Weighs on Refinery Appetite
Rising gasoline inventories were … of this indicator could fuel another upside breakout with …
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Nessel sues big oil companies, alleges cartel-like plot to control market
23 Jan 2026 18:16 GMT
… nation's largest oil companies, arguing the businesses … permanent injunction on the oil companies' alleged collusion … effort to attack fossil fuels.
“These baseless lawsuits … fuel dominance in two markets: transportation energy, such as gasoline, …
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Underperforming Local Refineries In Diesel Production Ignites Huge Import Receipts
23 Jan 2026 20:14 GMT
… refining capacity and official claims of improving domestic supply, diesel, unlike petrol … region’s dependence on overseas refined fuel despite repeated policy commitments to … that European Union sanctions banning oil products derived from Russian crude …
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P1.40/ liter fuel hike seen next week
23 Jan 2026 18:46 GMT
OIL prices are projected to rise … . 22.
The projected increase in gasoline prices would mark the third … supporting the upward pressure on oil prices this week,” Bellas said … for 2026.
Bellas noted that “oil prices have remained volatile despite …
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Amsterdam bans fossil-fuel and meat advertising in public spaces
23 Jan 2026 18:52 GMT
… for air travel, cruises, and petrol-powered cars.
Amsterdam has joined … and Zwolle, in prohibiting fossil-fuel advertisements in public areas. However …
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Tata Motors Expands XPRES Fleet Portfolio with Petrol, Twin-Cylinder CNG Variants
23 Jan 2026 16:25 GMT
… passenger segment.
The XPRES Petrol has been introduced at an … (water capacity) twin-cylinder fuel tank, the highest in its … for fleet operators. The petrol version offers a boot space … litres, the largest in the petrol fleet sedan segment, enhancing …
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Michigan AG Dana Nessel alleges decades-long conspiracy by big oil
23 Jan 2026 15:21 GMT
… change caused by the fossil fuel industry, and told reporters … were brought against a fossil fuel cartel," Nessel said. … fuels have in climate change.
The lawsuit traces the oil … markets, prolonging consumer reliance on gasoline," the lawsuit said. …