Discounts for Iranian oil in China have widened on record stock levels at a major refining hub and as a shortage of import quotas towards year-end hindered buying by independent processors, six trade sources told Reuters. ...

Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also eyeing U.S. fuel-de... ...

Ukrainians services use a reconnaissance drone to look for Russian logistical facilities. Ukraine is increasingly targeting Russia’s oil refineries and export facilities with drones, taking the fight beyond the battlefield to strike at Moscow’s economy. Most Read from Bloomberg On Friday, Ukraine claimed to have struck facilities handling almost half of Russia’s seaborne crude exports. The attacks — part of a 200-plus drone raid centered on the Leningrad region bordering Finland and Estonia — came soon a ...