Operator instructions] I would now like to hand the call over to Libby Strait, senior director of investor relations. Please go ahead.Libby Strait -- Director, Investor Relations Good morning, and ...
The American Petroleum Institute reportedly shows a build of 5.02M barrels of oil in U.S. commercial stockpiles, much larger than expected, for the week ending January 31.
Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...
Cleaning up after a major oil spill is a long, expensive process, and the damage to a coastal region's ecosystem can be ...
Find insight on LG Chem, Westgold, Cleveland-Cliffs and more in the latest Market Talks covering Basic Materials.
Vitol, a major oil trader, forecasts that global oil demand will remain steady for the next 15 years, defying predictions of ...
U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.
LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...