Oil isn’t just another financial market. It’s a physical commodity with its own idiosyncrasies, driven by the intricate dance ...

The Backbone of Modern Industry. crude oil is a naturally occurring fossil fuel that has been the cornerstone of modern ...

U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, ...

PetroChina will permanently shut the last crude unit at its Dalian refinery on June 30, concluding a phased closure driven by ...

MIT researchers have developed a new membrane that separates various types of fuel by molecular size, potentially eliminating ...

Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 4.3 million barrels to 436.1 million barrels in the week ended May 30, and were about 7% below the five-year average for ...

PetroChina is set to close the last remaining crude unit at its biggest north China refinery at the end of this month, ...

More than eight months after imposing a 20% basic customs duty on crude soybean, palm and sunflower oil, the government has ...

Rotterdam oil refinery on the morning of June 4, having shut the 200,000-bpd unit because of an unplanned outage the previous day.

HOUSTON: Oil prices edged lower on Wednesday after U.S. data showed larger-than-expected inventories of gasoline ...

Indonesian AGO scheduled an examination of 22 Pertamina's partners in Singapore on June 2, but it has not been realized yet.