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Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Aramco Trading sells first US West Texas Light crude to Hyundai:...

ATC is key to Saudi Aramco's strategy as it expands its refining and petrochemical operations to boost global sales.

28 Aug 2019 1:02 PM IST

Oil futures dropped on Wednesday after US crude stockpiles grew more than expected. (AFP Photo)

Oil prices slides as US crude stockpile growth heightens oversupply...

Global oil consumption has started to recover as economies emerge from lockdown

24 Jun 2020 10:03 AM IST

Oil falls on rise in US crude stocks, potential second wave. (AFP Photo)

Oil falls amid virus resurgence fears, rise in inventories

OPEC panel will meet on Thursday to further discuss ways to strengthen and review compliance to curb oil production and...

17 Jun 2020 9:41 AM IST

Oil drops after US inventory build oversupply concerns. (AFP Photo)

Oil drops after jump in US crude stockpiles, renews oversupply...

Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase

10 Jun 2020 9:12 AM IST

Oil prices rise on US stimulus hopes. (AFP Photo)

Oil prices edge higher on expected US stimulus, weak dollar

The US dollar dropped to its lowest in nearly two years against a basket of six other major currencies on back of a...

28 July 2020 9:02 AM IST

Asia shares mixed after US crude slides to 20-year lows. (AFP Photo)

Asia shares mixed after US crude slides to 20-year lows

Oil prices remained under pressure as the global lockdown saw fuel demand evaporate

20 April 2020 9:43 AM IST

US crude falls below $15 a barrel. (AFP Photo)

US crude plunges to 20-year low as coronavirus hits demand

Oil markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus around the world...

20 April 2020 9:40 AM IST