(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Marathon Petroleum, the largest US refiner and a major buyer of Canadian crude, sees ample opportunity to ...
The gold market has launched a digital database to track bullion and keep precious metal from illicit sources out of the ...
HOUSTON, Feb 6 (Reuters) - U.S. refiner Delek (DK.N), opens new tab has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff ...
China’s independent refiners have slashed their processing rates to the lowest level in nearly five years as costs to procure crude soared amid dwindling Russian supply following the latest U.S ...
Some 80% of Canada's crude production flows downstream to U.S. refiners, with U.S. imports of Canadian crude reaching a record high of 4.42M bbl/day in the week ending January 3, according to the ...
and Mexican crudes following President Donald Trump’s tariff salvo, according to traders. American processors are likely to seek alternative grades of the types of heavier oil produced by its ...
The company, India's third-largest oil refiner by capacity, said its average gross refining margin for April-December fell to $5.95 per barrel from $14.72 per barrel a year earlier. BPCL does not ...
Spot premiums for Middle East benchmark grades jumped more than 70% to about $3 a barrel on Monday. Singapore/New Delhi: Chinese and Indian refiners are scouring the globe for supplies of crude as ...
At a meeting last weekend, attended by more than 50 critical industry players, both the refiners and producers blamed each other for the inconsistencies in the implementation of the Domestic Crude ...
Image by zimmytws via iStock US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes following President Donald Trump’s ...
U.S. refiner profits started to fall toward the end of 2023 as new refining capacity came online and margins returned to normal levels. This followed two years of bumper profits as refiners cashed ...