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Oil
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A major fire has broken out at the Ryazan oil refinery in Russia following a reported Ukrainian strike overnight on May 15, according to Ukrainian military statements.15 May 2026-17:45
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Oil giant BP is considering the sale of part of its natural gas assets in Egypt as the company moves forward with restructuring efforts aimed at reducing debt and focusing on more profitable projects under new CEO Meg O’Neill.15 May 2026-13:48
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India’s state-run fuel retailers have raised petrol and diesel prices for the first time in four years by 3 rupees per litre, or more than 3%, as global crude oil costs surged following disruptions to shipping routes linked to the war involving Iran.15 May 2026-13:32
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More than 200 people were injured in a major fire that erupted Tuesday night at a large fuel depot in Abeche, the capital of Chad's eastern Ouaddai province, authorities said Wednesday.14 May 2026-07:00
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Ukraine launched a drone strike overnight on May 13 targeting oil infrastructure in Russia’s Krasnodar Krai, triggering a fire at a key Black Sea port facility, according to Russian media reports and monitoring data.13 May 2026-11:09
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Oil prices fell on Wednesday after climbing nearly 8% over the previous three sessions, as hopes for a resolution to the Middle East conflict faded and tensions around the Strait of Hormuz remained unresolved.13 May 2026-11:02
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