China's crude steel output in 2025 fell below 1 billion metric tons to a seven-year low as a protracted downturn in the ...

Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude, which is why 90% of U.S. oil imports are heavy ...

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how ...

February WTI crude oil (CLG26) on Friday closed up +0.25 (+0.42%), and February RBOB gasoline (RBG26) closed up +0.0014 ...

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, ...

India's state-owned refiner, Indian Oil Corporation, has purchased its first crude cargo from Ecuador as it complies with US ...

Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...

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.

It is among the lowest it has been in five years despite g sanctions against three major crude oil suppliers — Iran, Russia ...

MRPL is exploring Venezuelan crude purchases, contingent on favorable commercial terms and compliance with international ...

Venezuela alone holds about 19% of global proven reserves. But where the country has severely lagged is production. Despite the ample oil reserves, political and economic instability and heavy ...