Oil prices ticked lower on Friday but remained on track for a second consecutive week of gains, drawing support from a large ...

China's Shandong Yulong Petrochemical on Friday began starting up one of two new 200,000-bpd crude units in eastern China, marking the refinery's official launch after four years of construction.

Since then, WTI prices have rebounded to over $71 US per barrel as of Thursday afternoon. Bell says oil prices have a specific impact on what Albertans pay at the pump. Caption: Gasoline prices in ...

A Chinese court on Friday declared bankrupt a third refinery owned by state oil and chemical group Sinochem, a court document showed.

A fire at a Greek refinery on Tuesday has caused the diversion of one crude cargo, while a VLCC has made it to a berth. The ...

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Oil refiners across Asia, Europe, and the United States have seen their profitability drop to multi-year-lows. This is a ...

A 32-metre Vacuum Gas Oil Hydrotreating Reactor has been successfully transported from Gujarat to Assam's Numaligarh Refinery ...

Bank of America analysts on Sept. 13 said they expected global refining margins to continue their slump, after sliding 25% ...

Special legislative session underway to consider Gov. Gavin Newsom’s proposal to keep gas prices from spiking.

Nationally, the average fuel price has dropped 19 cents in the past month, while Nevadans have seen prices rise nearly 6 cents, according to AAA spokesman.