As oil refiners make a case in Sacramento for a bailout, new data published by the California Energy Commission shows oil refiners making 97 cents per gallon in gross profit from California ...

In April, for example, the CEC puts the retail gross refining margin at $1.02 per gallon. The breakdown also shows the gross profit margin from distribution of gasoline, which is shared by branded ...

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one estimate.

Oil prices jumped and stock futures slipped Sunday evening, ... U.S. gas prices would increase as much as $1.25 per gallon, Lipow said. In a follow-up email, ...

Oil prices are tumbling on news of an Israel-Iran cease-fire agreement. Oil prices were already falling after Iran launched strikes on a US airbase in Qatar. Markets saw Iran's strikes as a de ...

BALTIMORE (WBFF) — A 2,000-gallon diesel fuel spill in Baltimore’s Harbor East neighborhood prompted a large-scale emergency response Wednesday, with local, state, and federal agencies working ...

Oil prices have been depressed for a long time. In fact, we haven't seen $100 oil since shortly after the Ukraine-Russia war broke out. Demand growth remains sluggish, supply is abundant, and the ...

Multiple Maryland and Baltimore City agencies are responding to a 2,000-gallon fuel spill that began Wednesday in Harbor East, officials said. Skip to content NOWCAST WBAL-TV 11 News at 6pm ...

The Maryland Department of the Environment’s Emergency Response Team is in Fells Point after an oil spill, according to a post on X. Officials said the approximately 100-gallon oil spill is of ...

This is the fourth spill lawmakers know of since 2021 at Firstlight hydroelectric facilities and comes as the company seeks relicensing from the federal government.

Every day, roughly one-fifth of the world’s oil supply squeezes through a narrow waterway on Iran’s southern border. It is one of the energy industry’s most important trading routes — and ...