The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has reiterated that the price of crude ... He, however, admitted that crude oil is a major component of the pricing template ...

February WTI crude oil (CLG25) Thursday closed up ... previously reported 48.3. Strength in the crude crack spread is bullish for crude prices after the crack spread Thursday climbed to a 5 ...

LONDON, Jan 27 (Reuters) - Investors are snapping up crude ... in oil prices sparked by a tightening of sanctions on Russia. Oil is a popular inflation hedge because energy is a important ...

February WTI crude oil (CLG25) today is up +1.82 ... previously reported 48.3. Strength in the crude crack spread is bullish for crude prices after the crack spread today climbed to a 5-week ...

Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude.

Later, crude oil prices would drop below zero ... Because oil stocks represent a critical component of our economy — you couldn’t enjoy the robust global transportation network without ...

A crack spread is the difference between the price of a fuel and the price of crude oil. Blair also cited higher ... to block imports from China of cars, components and battery materials.

Oil, oil products, natural gas, and ethanol prices rose in Q4 ... Gasoline and heating oil crack spreads, reflecting the processing margins for refining crude oil into the products, were lower ...

"Lower product prices and crack spreads amid persistently subdued ... Compounding the issue, India’s imports of Russian crude oil in November fell to their lowest levels since June 2022 ...

What Drives the Price of Oil? Crude oil is extracted from underground oil reserves. In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves ...