At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.

Crude oil futures edged higher Thursday as a big bullish draw in U.S. gasoline inventories offset a higher than expected ...

The Ontario government fined Imperial Oil C$900,000 ($641,391) for a slop oil leak into a tank containment area at its Sarnia ...