The US produces mainly light shale crude, which requires different refinery configurations than heavier crude from Canada and ...

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to ...

Trump wants the U.S. to make more aluminum. In Louisiana, home to the only domestic producer of the metal’s key ingredient, ...

Shares of U.S. refiners fell to near two-year lows on Friday in the wake of U.S. President Trump's announcement of new ...

The United States imposed sanctions on Iran's oil trading networks on Thursday, including on a China-based crude oil storage ...

U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration.

The reason: while refineries are shutting down, demand for fuels, notably diesel, has repeatedly surprised to the upside. To tackle the potential shortage, the EIA said the U.S. might have to curb ...

U.S. crude oil inventories increased by 6.2 million barrels last week as imports rose and refineries reduced their capacity ...

In a letter to shareholders, Phillips 66--which operates 11 refineries in the U.S. and Europe--said it aims to decrease its refining adjusted controllable costs to $5.50/bbl by 2027, which would mark ...

California Gov. Gavin Newsom called a special session of the state legislature to pass new regulations on refineries, citing ...

Phillips 66's has got margin growth opportunities as the refining sector recovers and European competitors exit. See more on ...