So, if the Trump administration will really boost the oil production, it will likely put more downward pressure on energy prices and help ease inflation; the CPI y/y data, which is highly correlated ...

WTI crude oil (CLH25) today is up +0.82 (+1.13%), and March RBOB gasoline (RBH25) is up +0.0399 (+1.90%). Crude oil and ...

The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, ...

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...

Gulf Coast refiners are shunning Mexican crude oil due to excessive water content, leading to concerns about refining ...

U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

Petroleum products include the fuels LPG, motor gasoline and diesel oil. The balance includes products used for processing or consumption in the Netherlands as well as those intended for transit.

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.