By Nicole Jao, Shariq Khan, Marianna Parraga and Arathy Somasekhar NEW YORK, Feb 13 (Reuters) - Valero Energy is set to buy ...
March WTI crude oil (CLH26) today is down -0.18 (-0.29%), and March RBOB gasoline (RBH26) is down -0.0125 (-0.64%). Crude oil and gasoline prices are under pressure today, falling to 1.5-week lows.
WTI crude oil slipped to $62.89 per barrel as prices extended their retreat from recent highs and headed toward a second straight weekly loss. The pullback signals a sharp shift in sentiment ...
Valero Energy (VLO) is poised to buy as many as 6.5M barrels of Venezuelan crude in March bound for its Gulf Coast refineries, which could make it the top foreign refiner of Venezuelan oil since the U ...
Crude oil futures gained as tensions between the US and Iran continue to keep a level of geopolitical risk in the price.
It was supposed to be the year of glutted oil markets and lower prices, but the first weeks of 2026 have instead been dominated by geopolitical spikes and supply disruption, powering futures to $70 a ...
By Alex Lawler LONDON, Feb 11 (Reuters) - OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by ...
The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing demand, ...
The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...
Valero's own figures put the Port Arthur refinery's crude capacity at about 435,000 barrels per day, and the site is geared to run heavy, sour grades that look a lot like Venezuelan crude. Valero says ...
Despite widespread assumptions among oil traders and analysts, physical oil market data, particularly OECD crude oil inventories, does not currently support the narrative of an imminent massive oil ...
Forecasts of an oil glut clash with reality. Prices stay stable because sanctions on Russia and China’s ongoing crude imports/storage keep supply-demand tighter than forecasters assume. With OPEC+ ...