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

The EIA confirmed a small crude build, but the real surprise this week were strong draws in gasoline and distillate stocks ...

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

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...

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

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, energy ...

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

The Biden administration, accepting the reality that consumers are not flocking to buy electric vehicles (EV), has backed ...

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

Analysts predict Trump's policies will benefit oil companies and warn they also could lead to price increases.