Ever wondered how gasoline is made? In this video, we take you through the entire process of transforming crude oil into the ...

Gasoline, one of the most important products derived from petroleum, powers vehicles and machinery worldwide. The process ...

Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a US license that allows the world’s largest independent oil trader to do business in the sanctioned nation. Vitol is ...

Valero Energy Corp. took a $1.1 billion writedown on its California oil refineries, casting doubt on the company’s future as a fuelmaker in the most-populous US state. The pre-tax charge ...

KUALA LUMPUR: Malaysian palm oil futures rose on Friday, supported by gains in rival edible oils and stronger crude oil prices. The benchmark palm oil contract for July delivery on the Bursa ...

U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending April 18, according to the report, which highlighted that this was 326,000 barrels per day more than the ...

The price of crude oil is also on the lower side at $62 a barrel, compared to $82 a barrel, which is what it cost one year ago." According to the Energy Information Administration (EIA), gasoline ...

WTI trades at $62.04 per barrel, down from Wednesday’s close at $62.13. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.13 after its previous daily close at $65.24.

The Benicia refinery accounts for about 9% of the state's crude oil refining capacity. The facility processes feedstocks into products including gasoline, diesel, jet fuel and asphalt.

The Benicia refinery accounts for about 9% of the state's crude oil refining capacity. "I write to direct you to redouble the State's efforts to work closely with refiners on short- and long-term ...

Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and ...

Sumit Ritolia, Kpler’s Lead Research Analyst for Refining & Modeling, told businessline “As of today (April 22), India’s crude oil imports from Russia for April 2025 are estimated at 2.1 mb ...