Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...

All else equal, this would increase gasoline prices, which in most of the country have averaged $3 per gallon for the past ...

There's a possibility that ULSD futures can eke out a gain for the week, with the lightly traded February contract climbing 2.26cts to $2.50/gal, about 0.6% lower than a week earlier. March prices ...

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

Richard Grenell, one of Donald Trump’s closest advisors, is set to meet with Venezuelan President Nicolás Maduro this Friday ...

Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus ...

Canada warns US tariffs on Canadian oil could force America to rely on oil from Venezuela, a country the US avoids.

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.

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...