Trafigura Group and Vitol Group are poised to load roughly 12 million barrels of Venezuelan crude onto tankers less than ...
February WTI crude oil (CLG26 ) on Wednesday closed up +0.87 (+1.42%), and February RBOB gasoline (RBG26 ) closed up +0.0039 ...
Valero and Phillips 66 have purchased discounted Venezuelan crude cargoes from Vitol, marking a renewed flow of heavy oil into U.S. refineries following the Trump administration’s policy shift toward ...
February WTI crude oil (CLG26) today is up +0.94 (+1.58%), and February RBOB gasoline (RBG26) is up +0.0354 (+1.98%). Crude ...
Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how ...
U.S. crude oil inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended Jan. 2 and were about 3% ...
The light sweet crude oil market has fallen a bit in the early hours of Friday trading, along with the Brent market. However, ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.
Russia’s crude oil production plunged by the most in 18 months in December, pincered by western sanctions that are causing ...
Crude oil continues to test support on Wednesday, as the Venezuela situation continues to evolve. With 50 million barrels sent to the US, the reality is that it was less than 5 days’ output.
Lower crude prices usually mean lower gas prices — but pressures on refineries, including drone attacks on Russian refineries, mean that consumers might not see as much benefit. The world’s crude oil ...