Marathon received $17.2 billion in aftertax proceeds from sale of its Speedway segment in the second quarter of 2021, which it directed to debt reduction and share repurchases. Marathon has ...

Russia's ESPO crude oil is experiencing its highest price premium against Brent since the Ukraine war due to strong winter ...

India's edible oil imports in November jumped to their highest level in four months as refiners raised purchases of palm oil, ...

China’s crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world’s top crude buyer, ending the country’s decades-long run as the dominant ...

ESPO Blend cargoes loading in January traded at premiums of about $1.30 to $1.50 per barrel against ICE Brent on delivered ex-ship (DES) China basis, the sources told Reuters, rising from premiums of ...

China's independent oil refiners are shifting away from Iranian crude due to the anticipation of stricter sanctions under the ...

West Coast refiners buy about 600,000 b/d of Canadian crude thanks to the expansion of the Trans Mountain Pipeline. "Trump's Promised Tariffs May Hurt Non-U.S. Crude Producers, Verleger Says -- OPIS," ...

Consumers in Illinois, Indiana, Michigan and Minnesota, which combined import nearly 3 million b/d of Canadian crude, would be particularly vulnerable to price increases. The American Fuel and ...

However, it should be considered that the naphtha yield in a barrel of crude oil is a relatively small portion of the overall ...

The Finance Ministry on Monday announced the scrapping of the windfall tax or Special Additional Excise Duty (SAED) on ...

Among the executive orders to be signed on day one of his incoming presidency, the maverick US President-elect Donald Trump ...