Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada.
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders ...
Oil prices eased on Friday and closed the week lower as investors awaited 25% tariffs by the United States on Canada and ...
Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.
Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit ...
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
The market sees mixed earnings from tech giants as the Fed pauses rate cuts; and US crude hits a yearly low amid looming tariffs.
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to ...
As ongoing geopolitical tensions and supply chain instability could impact the market, countries still appear eager to become more independent in the nuclear fuel cycle. Click to read.
U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...
Oil prices edged lower Wednesday on a rise in U.S. crude stockpiles and easing concern over Libyan supply, with U.S. tariffs ...