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.
The American Petroleum Institute (API) estimated that crude oil inventories in the United ... $2 less per barrel than last week’s level. Gasoline inventories rose this week by 1.89 million ...
Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China's total oil and gas production surpassed 400 million metric tons of oil equivalent for ...
U.S. crude oil inventories fell by 1.2M barrels, staying 5% below the five-year seasonal average. Gasoline inventories surged by 7.7M barrels, while distillate stocks grew by 6.4M barrels last week.
Oil products- Higher in Q4, lower in 2024 Refineries process crude oil into petroleum products, including gasoline and distillates. The CME’s NYMEX division trades futures contracts in gasoline ...