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

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

That’s the first component of oil prices — the extraction process and machinery required ... is to create a Google Alert which will email you top news stories about oil as they occur. Did you know ...

Thursday February 06, 2025 - A statement posted on the DOI's site this week announced that U.S. Secretary of the Interior Doug Burgum 'advanced President Trump's agenda by signing six Secretary's ...

Trump on Thursday repeated a pledge to boost US oil production in order to lower commodity prices, saying the country will produce more oil than anyone has ever seen before ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico. By Rebecca F. Elliott Oil and gas ...

The Trump administration’s plan to impose a 10 percent tariff on Canadian oil could lead to higher gasoline prices for U.S.

He added that the exact impact of tariffs on gas prices will likely be muddied by the annual spring price increase thanks to ...

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 ...

The opaqueness of the export approval process discourages would-be ... exporters of refined oil products, such as gasoline and diesel. Unlike crude oil, which is unprocessed, oil that has been ...

Canada and Mexico are the top sources of U.S. crude imports, together accounting for around one-quarter of the oil U.S. refiners process into fuels such as gasoline and heating oil, according to ...