Phillips 66's fourth quarter profit plummeted to $8 million from $1.26 billion in the year-ago quarter. Valero's refining ...

Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.

LyondellBasell (NYSE: LYB) started closing down its Houston refinery earlier this month. The 107-year-old refinery is ...

LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Chevron Corporation (NYSE: CVX) reported earnings of $3.2 billion ($1.84 per share - diluted) for fourth quarter 2024, compared with $2.3 billion ($1.22 per share - diluted) in fourth quarter 2023.

Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...

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