While there's ample oil in the ground, the world economy struggles to maintain prices that make extraction economically viable, especially for heavy oil, crucial for diesel and jet fuel. Economic ...

HOUSTON, Sept 6 (Reuters) - Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened, ...

This is the second in a series of articles. This article was produced in collaboration with Berkeley Journalism’s Investigative Reporting Program. Justin Chambers arrived at the U.S. Polyco plant in ...

Oil and fuel export revenues down to $13.35 billion in September Crude exports rise to 5.1 mln bpd, highest since May 2023 Oil product exports drop to 2.4 mln bpd, lowest since April 2020 Drones ...

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released on April 10, the EIA expects total U.S. petroleum products consumption to ...

Oil prices have fallen 20% since Trump took office, but California drivers see little relief at the pump due to soaring refinery profit margins. Global refining capacity is squeezed by Ukrainian ...

Under normal circumstances, most modern engine oil and gasoline brands work fine on their own to keep your engine running smoothly. But there may be cases where even the best of them could use a ...

Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from China's economy reopening and expectations of a pick up in commodities trade, the Danish company's CEO said.

MOSCOW, Aug 31 (Reuters) - Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of its southern breadbasket and the situation ...