U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

There's a possibility that ULSD futures can eke out a gain for the week, with the lightly traded February contract climbing 2.26cts to $2.50/gal, about 0.6% lower than a week earlier. March prices ...

Canada warns US tariffs on Canadian oil could force America to rely on oil from Venezuela, a country the US avoids.

During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.

Oil rose in late trading after US President Donald Trump said the US would impose tariffs on imports of crude, a move that threatens to disrupt flows across North America’s tightly integrated energy ...

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

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

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...