Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

There's a possibility that ULSD futures can eke out a gain for the week, with the lightly traded February contract climbing 2.26cts to $2.50/gal, about 0.6% lower than a week earlier. March prices ...

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

The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal ...

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.

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...

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

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

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 ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada. Refiners are awaiting clarity and ...