Being sophisticated in the age of output curbs by the Organization of Petroleum Exporting Countries (OPEC) can prove a disadvantage, as the operator of the world’s biggest oil refining complex is discovering. Reliance Industries Ltd’s (RIL) 1.24 million barrel-a-day facility in Gujarat features highly advanced units designed to process the globe’s heaviest types of crude, which have historically been cheaper …

The US solar industry is threatened by one of President Donald Trump’s more destructive impulses: his eagerness to punish supposedly unfair trade practices. By next month, the US International Trade Commission, having unanimously ruled that American solar-panel makers are harmed by competition from Asian and other rivals, will recommend what tariffs or other import penalties the president should impose. The …

The drama around President Donald Trump and Iran’s compliance with the nuclear deal has grabbed the oil world’s attention. This gaze should shift west. Rising tensions in northern Iraq could have a much more immediate impact on oil flows that could lead prices higher, and squeeze producers and refiners. The collapse of so-called IS in Iraq ought to be a …