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

Several Russian refineries have been forced to reduce operations or shut down completely due to the impact of sanctions, ...

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

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

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

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

U.S. gasoline inventories fell to their lowest levels in two years as fuel supplies drew down unexpectedly last week amid ...

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

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 ...