Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...

Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.

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

Oil prices fell Wednesday, with WTI settling at its YTD low, after U.S. crude stockpiles rose more than expected last week as exports fell and refineries lowered their capacity use. Domestic crude oil ...

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.

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

2-Year U.S. Treasury Note Continuous Contract $102.914 0.027 0.03% 5-Year U.S. Treasury Note Continuous Contract $106.602 0.102 0.10% 10-Year U.S. Treasury Note Continuous Contract $109.203 0.172 ...

China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to ...