The United States recently imposed sweeping sanctions on Russia, targeting its oil producers and shipping networks. This has ...
Phillips 66 (NYSE:PSX) ended -2.4% on Friday after reporting a smaller than expected Q4 adjusted loss, helped as the ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
Tariffs on Canadian oil would mean less exports, but that would raise prices enough to make alternatives attractive. Midwest ...
The crude oil market continues to see a lot of noisy behavior, as the market is trying to bounce from a major support area ...
Indian Oil Corp has bought another 6 million barrels of sweet crude via a tender for April delivery, trade sources said on Monday, as the country's top refiner seek to replace Russian oil after U.S.
“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...
But many refineries had already invested in expensive technologies designed to handle heavy crude, and their business model ...
The West Texas Intermediate or Light Sweet crude market has been somewhat noisy during the trading session on Friday as we ...