Despite exporting less than 1% of the world's supply of oil, Venezuela has been a key focal point in the energy market for decades. Why? Because the country claims to have the largest reserves of ...
A team of chemical engineers at the Massachusetts Institute of Technology has invented a new process to separate crude oil components, potentially bringing forward a replacement that can cut its ...
Light US crude requires a different configuration at refineries Changing refinery setup can be a lengthy and expensive process Running different crude types impacts refinery yields, margin April 9 - U ...
UBS analysts say that the current geopolitical and macroeconomic backdrop could favour upstream-levered European producers in ...
WTI crude oil is holding near $63.41 on Tuesday, slipping modestly but staying above key support levels as traders balance ...
By Nicole Jao, Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 18 (Reuters) - U.S. refiners Phillips 66 and Citgo ...