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 ...

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

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

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 ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...

A volatile rand and weak demand for oil are lining South African motorists up for a chaotic drive to the finish for fuel ...

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.

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

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

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

The Energy and Petroleum Regulatory Authority (EPRA) announced the maximum fuel prices applicable in Kenya from November 15, ...