Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

In a welcome relief to Ghanaian motorists, fuel prices are expected to decrease starting tomorrow, November 16, 2024.

The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...

Oil prices are set to end the week lower than they started as expectations of weaker global economic growth fuel expectations ...

Crude oil prices moved higher today after the U.S. Energy Information ... Total world oil demand is anticipated to reach 104.0 million bpd in 2024, bolstered by strong transportation fuel demand and ...

Last week, the California Air Resources Board voted to amend the Low Carbon Fuel Standard, which requires fuel producers ...

At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.

The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...

Oil prices fell on Friday on signs demand in China, the world's biggest crude importer, continues to underperform amid its ...