Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as higher funding costs and a government gasoline export ban added to ...
The oil refining/marketing sector includes companies that refine and sell crude oil. Companies that refine oil manufacture it into a number of petroleum products, including gasoline, jet fuel and ...
Up to 10% of China's oil refining capacity could be shut down within the next decade. The clearest sign of the industry's struggles is the poor operating rates of refineries. About only half of ...
The real-time price of Brent crude oil is at $78.10 per barrel, and the price of WTI crude oil is at $75.26 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...