Another factor that left investors unimpressed on Friday was the U.S. Department of Energy buying 2.4 million barrels of oil for the Strategic Petroleum Reserve. Hardy added, "So we quite like the ...

The Biden administration has made its final purchase of oil for the Strategic Petroleum Reserve as the White House attempts to replenish the facility’s supply after selling a record amount of its ...

As of 10 a.m. ET Friday, Rafael was located in the Gulf of Mexico about 230 miles north/northeast from Progreso, Mexico, on the northern coast of the Yucatan peninsula, according to the latest update ...

The Department of Energy said Friday it has finished buying oil to replenish the Strategic Petroleum Reserve with the latest purchase of 2.4 million barrels. The DOE directly bought 59 million barrels ...

Trump's pro-energy stance may backfire for oil stocks Lyle spent most of the past two decades in a variety of product, communication and financial writing roles with large asset managers and mutual ...

With global petroleum demand expected to peak within a decade, the world’s top energy trader, Vitol, is eyeing the metals ...

WASHINGTON, Nov 8 (Reuters) - The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling a record amount from the facility in 2022 to ...

U.S. oil refiners this quarter expect to run their plants at above 90% of their crude processing capacity on low inventories and improving demand for gasoline and diesel, executives and industry ...

U.S. and global economic growth could slow down if the incoming Trump administration imposes additional tariffs, leading to ...

Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of ...

In recent times, the press has been inundated with claims and counter claims about PMS sales and pricing between the Dangote Refinery, ...