WTI crude oil slipped to $62.89 per barrel as prices extended their retreat from recent highs and headed toward a second ...
Valero Energy is set to buy up to 6.5 million barrels of Venezuelan crude in March bound for its Gulf Coast refineries, ...
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 ...
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 ...
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OPEC data indicate small Q2 surplus ahead of key OPEC+ decision on resuming oil output hikes
By Alex Lawler LONDON, Feb 11 (Reuters) - OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by ...
Crude oil futures gained as tensions between the US and Iran continue to keep a level of geopolitical risk in the price.
The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing demand, ...
The U.S. crude oil benchmark fell as an expected attack by Iran on Israel has not materialized. Concerns about the strength of global oil demand are also weighing on the market. U.S. crude oil prices ...
Crude oil price has been rather bullish in recent sessions as the market digests the geopolitical tensions in Iran. However, it is yet to transition into the bullish market as investors await further ...
Commercial crude oil stocks fell by 3.5 million barrels and were about 4% below the five-year average for the time of year, said the Energy Information Administration.
Crude oil prices jumped to four-month highs above $65 per barrel last week, driven by geopolitical tensions between the U.S. and Iran as well as significant production disruptions caused by severe ...
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