Delta now expects adjusted annual earnings of $5.10 to $5.60 a share, down from the $6.50 to $7.50 per share it forecast in July. The new midpoint of $5.35 per share is below analysts' average ...

Tanker freight rates soaring to record highs are putting U.S. crude oil out of reach for Asian refiners, pushing them to seek alternatives from the Middle East and Latin America, according to multiple ...

Two people were seriously injured after an incident at the Motor Oil MORr.AT refinery west of Athens on Friday, the company said in a statement. The incident occurred during maintenance and the two ...

Demand for synthetic aviation fuels is expected to increase as the UK SAF Mandate and ReFuelEU Aviation introduce ...

France will release 10 million barrels of diesel from its strategic stocks to try to ease tight supplies amid surging energy prices stemming from the wars in Iran and in Ukraine, French Prime Minister ...

Wars in Iran and Ukraine have damaged refineries and disrupted tanker traffic, helping drive diesel prices to record highs in many markets and turning the fuel into a major political and economic ...

TwinThread—a global leader in Industrial AI—has released Anomaly Action Center, an AI-powered solution designed to help operational teams prioritize and resolve critical anomalies across their ...

Jet fuel costs running about 50% above pre-war levels Costs likely to stay elevated for 12 to 18 months, O'Leary says O'Leary says he expects airlines to raise fares in coming months Spohr: robust ...

His comment followed a report by the Guardian newspaper saying that port records and ship-tracking data showed that fuel had been loaded at South Korean ports onto seven tankers, including vessels ...

That has had a particularly acute impact in a country which imports nearly all its fuel, has limited public transport and does not provide fuel subsidies.

When combining Hormuz volumes with shipments through alternative routes, including Saudi Arabia's Red Sea terminals and the UAE's Fujairah export hub, Middle East crude exports exceeded the pre-war ...

Venezuela's 310,000-barrel-per-day Cardon refinery was restarting its crude distillation units on Wednesday following a fire that forced its shutdown earlier this week, two workers said (LEARN MORE).